Plan Ledger DOL Form 5500 · updated monthly

Networking Technologies & Support, Inc.401(k)

NETWORKING TECHNOLOGIES & SUPPORT, INC 401(K) PLAN · MIDLOTHIAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Networking Technologies & Support, Inc. reported $33,440 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $541 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 rose from 0.47% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,697th of 2,266), and 9,198th of 11,654 in professional & technical services. In 2024, employees put in $7.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,529,933
Participants with balances158
Active participants133
Employer contributions$71,912
Employee contributions$525,033
Employer contribution per active participant$541
Average account balance$41,329
Benefits paid to participants$1,330,867
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 158 accts · $72K emplr
2023$6.5M · 158 accts · $73K emplr
2022$5.7M · 145 accts · $72K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,961
Investment management$21,479
Total administrative$33,440
The Networking Technologies & Support, Inc. 401(k) match · 2024
Employer contribution per active participant$541
Median for plans this size$1,313
2024$541 per active participant
2023$532 per active participant
2022$575 per active participant

Networking Technologies & Support, 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$11,961
CETERA ADVISOR NETWORKS · Investment advisory (plan)$21,479

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,440 · 0.51%
2023$27,739 · 0.45%
2022$28,360 · 0.47%
Same employer
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Itech AG, LLC VA$6.7M · 0.13%
Pbm Capital Group, LLC VA$6.6M · 0.81%
Tripoint Solutions, LLC VA$6.6M · 0.19%
Link Solutions, Inc. VA$6.5M · 0.78%
Ampcus, Inc. VA$6.5M · 0.91%
Easy Dynamics Corp VA$6.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541831993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.