North American Credit Services, Inc.401(k)
NORTH AMERICAN CREDIT SERVICES, INC. 401(K) PLAN · CHATTANOOGA, TN · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
North American Credit Services, Inc. reported $3,193 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $417 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 0.09% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (1,089th of 1,496), and 4,463rd of 4,798 in finance & insurance. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 268 to 558 since 2022.
North American Credit 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 621071441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.