Plan Ledger DOL Form 5500 · updated monthly

Network Cabling Services, Inc.401(k)

NCS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Network Cabling Services, Inc. reported $6,872 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $274 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 0.29% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (4,447th of 5,688), and 2,006th of 2,199 in information & media. In 2024, employees put in $5.84 for every $1.00 the employer contributed; active participation has grown from 304 to 356 since 2022.

Plan summary
Net assets, end of year$3,475,463
Participants with balances312
Active participants356
Employer contributions$97,396
Employee contributions$568,915
Employer contribution per active participant$274
Average account balance$11,139
Benefits paid to participants$138,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 312 accts · $97K emplr
2023$2.6M · 84 accts · $119K emplr
2022$2.1M · 85 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,075
Investment management$2,222
Total administrative$6,872
The Network Cabling Services, Inc. 401(k) match · 2024
Employer contribution per active participant$274
Median for plans this size$1,313
2024$274 per active participant
2023$683 per active participant
2022$210 per active participant

Network Cabling Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history3
2024$6,872 · 0.23%
2023$5,213 · 0.22%
2022$6,188 · 0.29%
Same employer
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Aspireiq, Inc TX$3.8M · 0.41%
Spectrum Voip, Inc. TX$3.7M · 0.84%
Aramcor, Inc. TX$3.6M · 1.34%
Shogun Enterprises Inc. TX$3.4M · 0.36%
Tachus Operating LLC TX$3.2M · 0.20%
Verge Mobile LLC TX$2.8M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760672015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.