Plan Ledger DOL Form 5500 · updated monthly

Nexpoint Advisors, LP401(k)

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

Reported admin expense ratio · 2024
0.10%

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

Nexpoint Advisors, LP reported $83,335 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $18,035 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 0.30% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 710th-largest of 5,688 plans among Texas employers on file, and the 1,102nd of 4,798 in finance & insurance. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$88,103,813
Participants with balances622
Active participants289
Employer contributions$5,212,238
Employee contributions$3,613,632
Employer contribution per active participant$18,035
Average account balance$141,646
Benefits paid to participants$6,128,618
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE & SMITH
Plan history3
Yearassets · accounts · employer contribution
2024$88.1M · 622 accts · $5.2M emplr
2023$75.2M · 619 accts · $4.8M emplr
2022$66.5M · 652 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,659
Investment management$47,386
Trustee / custodial$7,290
Total administrative$83,335
The Nexpoint Advisors, LP 401(k) match · 2024
Employer contribution per active participant$18,035
Median for plans this size$3,635
2024$18,035 per active participant
2023$17,991 per active participant
2022$15,580 per active participant

Nexpoint Advisors, LP's 2024 employer contribution ran above the $3,635 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 · 20244
BOKF, NA · Recordkeeping · Consulting$48,534
BOK FINANCIAL ASSET MGMT, INC. · Recordkeeping · Consulting$34,800
CHARLES SCHWAB & CO., INC. · Trustee (directed)$13,469
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect 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
2024BOK FINANCIAL ASSET MGMT, INC., BOKF, NA
2023BOKF, NA

This plan has changed recordkeepers within these filings. If you left Nexpoint Advisors, LP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,335 · 0.10%
2023$84,489 · 0.12%
2022$223,228 · 0.30%
Same employer
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Canyon Partners, L.L.C. TX$95.2M · 0.05%
Verabank, Inc. TX$88.7M · 0.15%
Exeter Finance LLC TX$86.3M · 0.16%
Veritex Community Bank TX$84.0M · 0.04%
Southside Bancshares, Inc. TX$82.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364728498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.