Plan Ledger DOL Form 5500 · updated monthly

Ness USA, Inc.401(k)

NESS USA, INC. 401(K) PLAN · CANONSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Ness USA, Inc. reported $90,095 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,112 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.60% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,687th-largest of 3,651 plans among Pennsylvania employers on file, and 6,076th of 11,654 in professional & technical services. In 2024, employees put in $4.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,224,860
Participants with balances391
Active participants157
Employer contributions$488,572
Employee contributions$2,018,540
Employer contribution per active participant$3,112
Average account balance$44,053
Benefits paid to participants$4,222,115
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 391 accts · $489K emplr
2023$15.9M · 376 accts
2022$14.3M · 430 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,095
Total administrative$90,095
The Ness USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,112
Median for plans this size$2,416

Ness USA, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$15,942
DEFINITI LLC · Contract administrator$8,125
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$4,923
NEWEDGE SECURITIES INC.indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$90,095 · 0.54%
2023$99,341 · 0.66%
2022$99,071 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Cmc Energy Services, Inc. PA$17.5M · 0.96%
Mullen Coughlin LLC PA$17.4M · 0.01%
Connexin Software, Inc. PA$17.4M · 0.33%
Century Therapeutics, Inc. PA$17.3M · 0.05%
M.J. Brunner Inc. PA$17.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232920053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.