Plan Ledger DOL Form 5500 · updated monthly

Ne Construction LLP401(k)

NE CONSTRUCTION LLP 401(K) PROFIT SHARING PLAN & TRUST · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Ne Construction LLP reported $17,399 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,271 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 rose from 0.12% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,031st of 5,688), and 7,935th of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 252 to 293 since 2022.

Plan summary
Net assets, end of year$10,210,169
Participants with balances634
Active participants293
Employer contributions$665,386
Employee contributions$1,031,304
Employer contribution per active participant$2,271
Average account balance$16,104
Benefits paid to participants$945,970
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, STONE & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 634 accts · $665K emplr
2023$8.5M · 437 accts · $693K emplr
2022$6.8M · 209 accts · $392K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,399
Total administrative$17,399
The Ne Construction LLP 401(k) match · 2024
Employer contribution per active participant$2,271
Median for plans this size$1,313
2024$2,271 per active participant
2023$2,126 per active participant
2022$1,555 per active participant

Ne Construction LLP's 2024 employer contribution ran above 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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$1,605
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$398
LOREN D. STARK COMPANY · Other servicesindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)indirect comp
MORNINGSTAR · Investment advisory (participants) · Investment advisory (plan)indirect comp

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$17,399 · 0.19%
2023$12,745 · 0.17%
2022$8,247 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Texas
Jq Engineering, LLP TX$10.3M · 0.57%
Volusion, LLC TX$10.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752939079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.