National Federation of Independent Business 401(k) match, vesting and fees
What National Federation of Independent Business' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Jpmorgan Invest Holdings LLC | Schedule C ↗ |
| Independent auditor | Lbmc, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 87 defined-contribution plans in other services with 500 to 999 participants.
| National Federation of Independent Business: employer contribution per participant | $3,409 | |
| Peer median | $1,829 |
| National Federation of Independent Business: average balance | $158,895 | |
| Peer median | $71,847 |
| National Federation of Independent Business: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.25% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $99.5M at the end of plan year 2021 to $126M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 809 | $126M | $2.7M | $3,409 | <0.01% | Not published | Form 5500 ↗ |
| 2024 | 802 | $113M | $2.7M | $3,410 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 808 | $102M | $2M | $2,458 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 788 | $85.2M | $1.8M | $2,303 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 763 | $99.5M | $1.6M | $2,131 | <0.01% | Not published | Form 5500 ↗ |
Other National Federation of Independent Business plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
National Federation of Independent Business Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Milliman USA | Schedule C ↗ |
| Independent auditor | Lbmc, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does National Federation of Independent Business match 401(k) contributions?
The match terms for the National Federation of Independent Business Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $2.7M in employer contributions, about $3,409 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the National Federation of Independent Business 401(k) match vested?
The vesting schedule for the National Federation of Independent Business Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the National Federation of Independent Business 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Jpmorgan Invest Holdings LLC. The plan administrator is National Federation of Independent Business, Inc..
I left National Federation of Independent Business. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (National Federation of Independent Business, Inc., (615) 872-5800) or the recordkeeper, Jpmorgan Invest Holdings LLC. The National Federation of Independent Business old 401(k) page lists the contacts from every plan filing. Find an old National Federation of Independent Business 401(k)
Data from the public Form 5500 annual reports National Federation of Independent Business filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with National Federation of Independent Business. Not financial advice. Report a correction · Methodology