Plan Ledger DOL Form 5500 · updated monthly

Nes Global, LLC401(k)

NES GLOBAL, LLC 401(K) PROFIT SHARING PLAN AND TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

Nes Global, LLC reported $260,679 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. 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 0.83% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,099th-largest of 5,688 plans among Texas employers on file, and the 2,878th of 11,654 in professional & technical services. active participation has grown from 2,094 to 2,310 since 2022.

Plan summary
Net assets, end of year$47,524,986
Participants with balances1,443
Active participants2,310
Employer contributions—
Employee contributions$10,565,472
Employer contribution per active participant—
Average account balance$32,935
Benefits paid to participants$8,673,843
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 1,443 accts
2023$38.7M · 1,326 accts
2022$19.3M · 989 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,669
Investment management$75,010
Total administrative$260,679
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
ADP, INC. · Loan processing · Recordkeeping$185,669
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$75,010
ADP BROKER-DEALER · Other servicesindirect 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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$260,679 · 0.60%
2023$188,231 · 0.65%
2022$139,925 · 0.83%
Same employer
Similar plansProfessional & Technical Services · Texas
Emburse, Inc. TX$48.3M · 0.34%
Bigcommerce, Inc. TX$48.0M · 0.38%
General Datatech, LP TX$47.5M · 0.56%
Contract Land Staff, LLC TX$47.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593659333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.