Plan Snapshot
- Plan Sponsor: National Bankruptcy Services, LLC
- Sponsor EIN: 752851685
- Sponsor Address: 14841 DALLAS PARKWAY, STE 300, DALLAS, TX, 75254
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 213
- Total Assets: $5.4M
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. |
|---|---|---|---|---|
| 2025 | 213 | $5.4M | $0 | $0 |
| 2024 | 156 | $4.7M | $0 | $359,449 |
| 2023 | 180 | $4.2M | $0 | $386,972 |
| 2022 | 164 | $3.7M | $0 | $334,831 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $31,234 | — | $31,234 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $13,809 | — | $13,809 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,043
- Estimated Expense Ratio: 0.834% 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 |
|---|---|---|---|---|---|
| 2025 | $451,252 | $13,809 | — | $4,000 | — |
| 2024 | $43,253 | $12,615 | — | — | — |
| 2023 | $40,103 | $12,601 | — | — | — |
| 2022 | $41,049 | — | — | — | — |