Plan Snapshot
- Plan Sponsor: National Distribution & Contracting, INC.
- Sponsor EIN: 131772258
- Sponsor Address: 402 BNA DR STE 500, NASHVILLE, TN, 372172551
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $23.4M
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. |
|---|---|---|---|---|
| 2024 | 329 | $23.4M | $651,862 | $2.0M |
| 2023 | 340 | $22.1M | $581,408 | $1.9M |
| 2022 | 401 | $18.8M | $607,932 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $93,361 | — | $93,361 |
| KESTRA INVESTMENT SERVICES LLC | OTHER SERVICES | — | $34,956 | $34,956 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — OTHER SERVICES
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,317
- Estimated Expense Ratio: 0.548% 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 | $93,361 | — | $93,361 | — | — |
| 2023 | $82,701 | — | $82,701 | — | — |
| 2022 | $85,629 | — | $85,629 | — | — |