Plan Snapshot
- Plan Sponsor: National Instruments Corporation
- Sponsor EIN: 741871327
- Sponsor Address: 11500 N. MOPAC EXPRESSWAY, AUSTIN, TX, 78759
- Plan Type: 401(k)
- Total Participants: 1,582
- Total Assets: $778.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,582 | $778.7M | $8.5M | $26.2M |
| 2023 | 1,667 | $734.3M | $9.9M | $30.1M |
| 2022 | 2,172 | $628.1M | $9.8M | $30.5M |
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 |
|---|---|---|---|---|
| BAUER & COMPANY, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $298,461 | $137,556 | — | — | — |
| 2023 | $316,592 | $149,024 | — | — | — |
| 2022 | $435,884 | $76,100 | — | — | — |