Plan Snapshot
- Plan Sponsor: National Seating & Mobility, INC.
- Sponsor EIN: 621400785
- Sponsor Address: 5959 SHALLOWFORD ROAD SUITE 443, CHATTANOOGA, TN, 37421
- Plan Type: 401(k)
- Total Participants: 2,197
- Total Assets: $90.9M
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 | 2,197 | $90.9M | $1.6M | $8.8M |
| 2023 | 2,019 | $76.8M | $1.5M | $8.0M |
| 2022 | 2,073 | $61.7M | $1.4M | $7.7M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | $18,400 | — | $18,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,400
- Estimated Expense Ratio: 0.020% 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 | $328,159 | $82,578 | — | $18,400 | — |
| 2023 | $273,638 | $65,551 | $191,462 | $13,000 | — |
| 2022 | $280,496 | $62,959 | $197,097 | — | $16,625 |