Plan Ledger DOL Form 5500 · updated monthly

National Hme, Inc.401(k)

NATIONAL HME 401(K) SAVINGS PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

National Hme, Inc. reported $57,101 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $935 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 1.48% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (3,624th of 5,688), and 1,343rd of 2,096 in real estate & leasing. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 357 to 407 since 2022.

Plan summary
Net assets, end of year$6,955,617
Participants with balances461
Active participants407
Employer contributions$380,694
Employee contributions$859,314
Employer contribution per active participant$935
Average account balance$15,088
Benefits paid to participants$1,288,297
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 461 accts · $381K emplr
2023$6.2M · 527 accts · $343K emplr
2022$5.7M · 542 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,057
Investment management$16,844
Audit (IQPA)$4,200
Total administrative$57,101
The National Hme, Inc. 401(k) match · 2024
Employer contribution per active participant$935
Median for plans this size$1,313
2024$935 per active participant
2023$1,155 per active participant
2022$695 per active participant

National Hme, Inc.'s 2024 employer contribution ran below the $1,313 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$36,057
CREATIVE PLANNING LLC · Investment advisory (plan)$15,645

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$57,101 · 0.87%
2023$78,825 · 1.33%
2022$97,176 · 1.48%
Similar plansReal Estate & Leasing · Texas
Coury Hospitality, LLC TX$7.3M · 0.76%
Katapult Group, Inc. TX$6.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204605550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.