Plan Snapshot
- Plan Sponsor: National Retail Systems, INC.
- Sponsor EIN: 222468341
- Sponsor Address: 2820 16TH STREET, NORTH BERGEN, NJ, 07047
- Plan Type: 401(k)
- Total Participants: 736
- Total Assets: $40.5M
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 | 736 | $40.5M | $1.2M | $2.9M |
| 2023 | 740 | $34.5M | $1.2M | $2.9M |
| 2022 | 715 | $27.3M | $990,596 | $2.4M |
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 |
|---|---|---|---|---|
| NATIONWIDE INSURANCE | RECORDKEEPER | $68,929 | — | $68,929 |
| HORNOR TOWNSEND & KENT, INC. | ADVISOR | — | $55,244 | $55,244 |
| PROACCOUNT | INVESTMENT ADVISORY | $38,077 | — | $38,077 |
| INTAC ACTUARIAL SERVICES, INC | TPA | $18,172 | $17,032 | $35,204 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE INSURANCE — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,454
- Estimated Expense Ratio: 0.487% 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 | $59,837 | — | $59,837 | — | — |
| 2023 | $146,370 | — | $146,370 | — | — |
| 2022 | $41,752 | — | $41,752 | — | — |