# National Able Network INC. 401(k) Plan
Source: https://planprovider.pro/companies/national-able-network-inc-401k-plan

> National Able Network INC.'s 401(k) plan: 87 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** National Able Network INC.

- **Sponsor EIN:** 237339397

- **Sponsor Address:** 567 WEST LAKE STREET,, CHICAGO, IL, 60661

- **Plan Type:** 401(k)

- **Total Participants:** 87

- **Total Assets:** $5.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|87|$5.7M|$178,836|$286,641|

| 2023|78|$5.0M|$176,391|$334,951|

| 2022|85|$4.4M|$191,850|$339,918|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| ASCENSUS|THIRD PARTY ADMINISTRATO|—|$17,321|$17,321|

| MOWERY & SCHOENFELD, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MOWERY & SCHOENFELD, LLC](https://planprovider.pro/provider/mowery-and-schoenfeld-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $17,321

- **Estimated Expense Ratio:** 0.301% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$29,680|—|$29,680|—|—|

| 2023|$18,833|—|$18,833|—|—|

| 2022|$21,890|—|$21,890|—|—|

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