Plan Ledger DOL Form 5500 · updated monthly

Nelson Mullins Riley & Scarborough LLP401(k)

NELSON MULLINS RETIREMENT PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Nelson Mullins Riley & Scarborough LLP reported $839,483 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,321 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 0.14% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 16th-largest of 807 plans among South Carolina employers on file, and the 257th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$678,896,478
Participants with balances2,527
Active participants1,831
Employer contributions$18,897,336
Employee contributions$21,621,050
Employer contribution per active participant$10,321
Average account balance$268,657
Benefits paid to participants$66,055,777
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$678.9M · 2,527 accts · $18.9M emplr
2023$617.4M · 2,391 accts · $17.0M emplr
2022$526.3M · 2,265 accts · $16.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,286
Investment management$731,197
Total administrative$839,483
The Nelson Mullins Riley & Scarborough LLP 401(k) match · 2024
Employer contribution per active participant$10,321
Median for plans this size$4,294
2024$10,321 per active participant
2023$9,822 per active participant
2022$9,509 per active participant

Nelson Mullins Riley & Scarborough LLP's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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 · 202412
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$199,861
ABACUS PLANNING GROUP INC · Investment advisory (participants)$131,536
CCM INVESTMENT ADVISERS LLC · Investment advisory (participants)$97,930
TOWERS WATSON INVESTMENT SRVCS INC · Investment management$83,233
LMCG INVESTMENTS LLC · Investment advisory (participants)$71,230
BALENTINE LLC · Investment management$48,713
BUCKHEAD CAPITAL MANAGEMENT LL · Investment advisory (participants)$39,347
V M MANNING & CO INC · Investment advisory (participants)$28,747
COMMONWEALTH EQUITY SERVICES I · Investment advisory (participants)$24,219
PATTON ALBERTSON MILLER GROUP · Investment advisory (participants)$23,417
HB WEALTH MANAGEMENT LLC · Investment advisory (participants)$22,925
PROSPECTIVE VALUE PARTNERS LLC · Investment advisory (participants)$18,204

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$839,483 · 0.13%
2023$848,213 · 0.15%
2022$812,157 · 0.14%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Gainwell Acquisition Corp. AK$691.3M · 0.14%
Fenwick & West LLP CA$686.9M · 0.01%
Dorsey & Whitney LLP MN$678.6M · 0.01%
Stagwell Global LLC DC$678.0M · 0.27%
Elanco US, Inc. IN$676.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570215445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.