National Construction Rentals, Inc. 401(k) Review & Grade
National Construction Rentals, Inc. 401(k) Profit Sharing Plan
Mission Hills, CAReal Estate & Rental996 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$740Employer $ per active participant
$2,457Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$29.2MNet plan assets, end of year
$40,261Average balance per account
Score breakdown
- Employer generosity15.2 / 5030th percentile for employer $ per participant
- Low cost10.2 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 41th |
| Employee saving | 33th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($131,727 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $134,926 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- National Construction Rentals put in about $740 per active participant, below the typical peer ($1,279). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $736,855 |
| Participant (employee) contributions | $2,446,193 |
| Other contributions (incl. rollovers in) | $96,036 |
| Administrative expenses paid from the plan | $80,419 |
| Contract administrator fees | $80,419 |
| Benefits paid out | $2,366,416 |
| Net assets, start / end of year | $24.6M / $29.2M |
| Active participants, start / end of year | 1,015 / 976 |
| Participants with account balances | 726 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Farber Hass Hurley LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $80,419 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251016120842NAL0008188288001, received 2025-10-16, EIN 95-2965905, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.