Retirement plan

NATIONAL INSTRUMENTS 401(K) PLAN

Name: NATIONAL INSTRUMENTS CORPORATION - NATIONAL INSTRUMENTS 401(K) PLAN (2024) Form 5500
Creator: NATIONAL INSTRUMENTS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL INSTRUMENTS 401(K) PLAN, NATIONAL INSTRUMENTS CORPORATION

NATIONAL INSTRUMENTS CORPORATIONEIN 74-1871327Plan #001PY 2024

11500 N. MOPAC EXPRESSWAY - AUSTIN, TX 78759512-683-8000nationalinvestments.infoLinkedIn1-10 employees

Prospect flagsRecently cancelled planFailed to transmit contributionsCorrective distributionsWind-down / frozen

How to read this page

Total assets (EOY)

$778.7M

+6.1% from 2023

Total participants

-100.0% from 2023

Average account balance

-100.0% from 2023

Annual return

16.76%

-3.34 pp from 2023

Benchmarks

See 23,862 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,862 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$778.70M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.76%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 9 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$199,559
COOK STREET CONSULTING3 years Filed as: COOK STREET CONSULTING INC Service code 28 · EIN 84-0854432	Investment Management	$23,597
ENZI WEALTH LLC3 years Service code 26 · EIN 87-1111596	Advisory (Participants)	$19,686
JPMORGAN INVEST HOLDINGS LLC1 year Filed as: MOGAN STANLEY CAPITAL MANAGE Service code 28 · EIN 11-3658445	Investment Management	$17,500
HARVARD AVENUE CONSULTANTS LLC6 years Service code 26 · EIN 26-2827358	Advisory (Participants)	$14,047
BARDEN CAPITAL MANAGEMENT INC7 years Service code 26 · EIN 20-5414632	Advisory (Participants)	$11,015
WORTHPOINTE LLC6 years Service code 26 · EIN 26-0373212	Advisory (Participants)	$9,134
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$4,836
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2S2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

4 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$298K

Recordkeeping$161K53.9%
Investment mgmt$138K46.1%

% of EOY assets

0.038%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAUER & COMPANY, LLC
Auditor EIN: 471743368
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,242-100.0%

$165,071-100.0%

$145,884-100.0%

Participation rate

0.0%

82.0%-82.0pp

78.6%-78.6pp

80.3%-80.3pp

Annual return

16.76%

100.44%-83.7pp

70.17%-53.4pp

551.85%-535.1pp

Employer contribution / active EE

$5,283-100.0%

$4,347-100.0%

$4,662-100.0%

Participant deferral / active EE

$6,964-100.0%

$6,035-100.0%

$6,690-100.0%

Admin fee / account holder

$16,658-100.0%

$12,695-100.0%

$13,392-100.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.5 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$199,559

COOK STREET CONSULTING3 years

Filed as: COOK STREET CONSULTING INC

Service code 28 · EIN 84-0854432

Investment Management

$23,597

ENZI WEALTH LLC3 years

Service code 26 · EIN 87-1111596

Advisory (Participants)

$19,686

JPMORGAN INVEST HOLDINGS LLC1 year

Filed as: MOGAN STANLEY CAPITAL MANAGE

Service code 28 · EIN 11-3658445

Investment Management

$17,500

HARVARD AVENUE CONSULTANTS LLC6 years

Service code 26 · EIN 26-2827358

Advisory (Participants)

$14,047

BARDEN CAPITAL MANAGEMENT INC7 years

Service code 26 · EIN 20-5414632

Advisory (Participants)

$11,015

WORTHPOINTE LLC6 years

Service code 26 · EIN 26-0373212

Advisory (Participants)

$9,134

CHARLES SCHWAB & CO., INC.10+ years

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$4,836

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL

Service code 59

Shareholder Servicing

NATIONAL INSTRUMENTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL INSTRUMENTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion