Plan Ledger DOL Form 5500 · updated monthly

Mr. Cooper Group Inc.401(k)

NATIONSTAR MORTGAGE 401(K) RETIREMENT PLAN · COPPELL, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Mr. Cooper Group Inc. reported $311,745 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,905 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 176th-largest of 5,688 plans among Texas employers on file, and the 268th of 4,798 in finance & insurance. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$603,826,605
Participants with balances8,088
Active participants5,068
Employer contributions$14,723,437
Employee contributions$33,783,624
Employer contribution per active participant$2,905
Average account balance$74,657
Benefits paid to participants$60,200,372
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$603.8M · 8,088 accts · $14.7M emplr
2023$528.6M · 8,121 accts · $10.2M emplr
2022$465.1M · 9,204 accts · $17.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$231,745
Investment management$80,000
Total administrative$311,745
The Mr. Cooper Group Inc. 401(k) match · 2024
Employer contribution per active participant$2,905
Median for plans this size$4,294
2024$2,905 per active participant
2023$2,232 per active participant
2022$3,548 per active participant

Mr. Cooper Group Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$231,745
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$80,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$311,745 · 0.06%
2023$429,011 · 0.09%
2022$439,831 · 0.09%
Same employer
Similar plansFinance & Insurance · Texas
Tpg Global, LLC TX$644.8M · 0.04%
Hcc Insurance Holdings, Inc. TX$560.6M · 0.10%
Rithm Capital LLC TX$516.7M · 0.07%
Dimensional Investment LLC TX$450.4M · 0.00%
Rithm Capital LLC TX$446.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752921540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.