Plan Snapshot
- Plan Sponsor: National Products, INC.
- Sponsor EIN: 911512047
- Sponsor Address: 8410 DALLAS AVENUE SOUTH, SEATTLE, WA, 98108
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 316 | $8.6M | $489,625 | $862,798 |
| 2023 | 304 | $6.9M | $456,731 | $854,991 |
| 2022 | 305 | $5.0M | $453,424 | $824,011 |
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 |
|---|---|---|---|---|
| HUNNEX AND SHOEMAKER, INC. | THIRD PARTY ADMINISTRATO | $5,965 | $3,577 | $9,542 |
| SHANNON & ASSOCIATES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SHANNON & ASSOCIATES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,542
- Estimated Expense Ratio: 0.111% 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 | $69,415 | — | $69,415 | — | — |
| 2023 | $51,384 | — | $51,384 | — | — |
| 2022 | $38,468 | — | $38,468 | — | — |