National Medical Billing Services, LLC 401(k) Review & Grade
National Medical Billing Services, LLC 401(k) Retirement Plan
Chesterfield, MOProfessional, Scientific & Technical Services586 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$362Employer $ per active participant
$1,940Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$10.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.7 / 5011th percentile for employer $ per participant
- Low cost8.4 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 11th |
| Lower admin cost | 33th |
| Employee saving | 10th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- National Medical Billing Services put in about $362 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.37% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $211,852 |
| Participant (employee) contributions | $1,136,121 |
| Other contributions (incl. rollovers in) | $47,296 |
| Administrative expenses paid from the plan | $36,472 |
| Investment advisory & management fees | $1,157 |
| Benefits paid out | $2,475,913 |
| Net assets, start / end of year | $9.8M / $10.1M |
| Active participants, start / end of year | 826 / 345 |
| Participants with account balances | 275 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $8,143 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260526154335NAL0006884627001, received 2026-05-26, EIN 42-1607009, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.