Plan Ledger DOL Form 5500 · updated monthly

Neora, LLC401(k)

NEORA, LLC 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Neora, LLC reported $20,604 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,604 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 0.21% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (2,870th of 5,688), and the 2,355th of 5,215 in retail trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,491,445
Participants with balances138
Active participants80
Employer contributions$288,296
Employee contributions$596,630
Employer contribution per active participant$3,604
Average account balance$83,271
Benefits paid to participants$615,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 138 accts · $288K emplr
2023$9.6M · 149 accts · $295K emplr
2022$7.8M · 157 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,832
Total administrative$20,604
The Neora, LLC 401(k) match · 2024
Employer contribution per active participant$3,604
Median for plans this size$2,416
2024$3,604 per active participant
2023$3,435 per active participant
2022$3,511 per active participant

Neora, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
FOCUS 401K GROUP, LLC · Recordkeeping · Trustee$13,773
ADP, INC. · Loan processing · Recordkeeping$5,415
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, FOCUS 401K GROUP, LLC
2023ADP, FOCUS 401K GROUP, LLC

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

Administrative cost history3
2024$20,604 · 0.20%
2023$19,129 · 0.22%
2022$18,590 · 0.21%
Similar plansRetail Trade · Texas
Snell Motor Company, Inc. TX$11.7M · 0.71%
Scoggin Dickey Chevrolet TX$11.6M · 0.60%
Grothues Brothers Holdings TX$11.6M · 0.03%
Ag-Power TX$11.3M · 0.04%
Palm Beach Tan Inc. TX$11.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273731327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.