Plan Ledger DOL Form 5500 · updated monthly

Nluc, PLLC401(k)

NEXT LEVEL 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Nluc, PLLC reported $6,699 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,145 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 0.12% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,781st-largest of 5,688 plans among Texas employers on file, and the 3,233rd of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 949 to 781 since 2022.

Plan summary
Net assets, end of year$24,219,644
Participants with balances559
Active participants781
Employer contributions$1,675,113
Employee contributions$3,045,219
Employer contribution per active participant$2,145
Average account balance$43,327
Benefits paid to participants$2,626,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 559 accts · $1.7M emplr
2023$18.6M · 539 accts · $1.6M emplr
2022$12.3M · 420 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,699
Total administrative$6,699
The Nluc, PLLC 401(k) match · 2024
Employer contribution per active participant$2,145
Median for plans this size$2,416
2024$2,145 per active participant
2023$2,106 per active participant
2022$1,389 per active participant

Nluc, PLLC's 2024 employer contribution ran below 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 · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$6,699

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$6,699 · 0.03%
2023$6,921 · 0.04%
2022$13,677 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Texas Heart Institute TX$24.3M · 0.02%
Intrepid USA, Inc. TX$24.2M · 0.41%
Methodist Children's Home TX$24.1M · 0.35%
Blue Sprig Pediatrics, Inc. TX$24.0M · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352470800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.