Plan Ledger DOL Form 5500 · updated monthly

Network Services Company401(k)

NETWORK SERVICES COMPANY PROFIT SHARING 401K PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Network Services Company reported $2,569 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $938 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 3 years on file its reported administrative ratio has held roughly steady near 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,002nd-largest of 3,702 plans among Illinois employers on file, and the 936th of 4,246 in wholesale trade. In 2024, employees put in $12.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,254,208
Participants with balances259
Active participants208
Employer contributions$195,117
Employee contributions$2,469,512
Employer contribution per active participant$938
Average account balance$170,866
Benefits paid to participants$4,417,844
Plan auditUnmodified (clean) audit opinion
AuditorPASQUESI SHEPPARD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 259 accts · $195K emplr
2023$38.7M · 257 accts · $512K emplr
2022$33.3M · 253 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,569
Total administrative$2,569
The Network Services Company 401(k) match · 2024
Employer contribution per active participant$938
Median for plans this size$2,416
2024$938 per active participant
2023$2,425 per active participant
2022$2,452 per active participant

Network Services Company's 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,569

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$2,569 · 0.01%
2023$2,200 · 0.01%
2022$2,306 · 0.01%
Same employer
Similar plansWholesale Trade · Illinois
Wirtz Corporation IL$49.9M · 0.15%
Roland Machinery Company IL$46.3M · 0.21%
Group O, Inc. IL$45.2M · 0.26%
S & S Activewear, LLC IL$44.0M · 0.20%
Wyffels Hybrids, Inc. IL$43.1M · 0.31%
Neuco, Inc. IL$41.9M · 0.21%
Kennicott Brothers Company IL$41.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042579155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.