Plan Ledger DOL Form 5500 · updated monthly

Nm Management, Inc.401(k)

NM MANAGEMENT 401(K) PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Nm Management, Inc. reported $61,245 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $555 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 has held roughly steady near 0.746%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Virginia (1,559th of 2,266), and 1,220th of 2,096 in real estate & leasing. In 2024, employees put in $6.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,532,845
Participants with balances170
Active participants114
Employer contributions$63,261
Employee contributions$432,568
Employer contribution per active participant$555
Average account balance$50,193
Benefits paid to participants$784,103
Plan auditUnmodified (clean) audit opinion
AuditorCHANNER, CPAS P.A.
Plan history2
Yearassets · accounts · employer contribution
2024$8.5M · 170 accts · $63K emplr
2023$7.9M · 180 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,079
Investment management$30,166
Total administrative$61,245
The Nm Management, Inc. 401(k) match · 2024
Employer contribution per active participant$555
Median for plans this size$1,313
2024$555 per active participant
2023$451 per active participant

Nm Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
KAIROS CAPITAL ADVISORS LLC · Investment advisory (plan)$23,610
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,556

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

Administrative cost history2
2024$61,245 · 0.75%
2023$54,092 · 0.75%
Similar plansReal Estate & Leasing · Virginia
The Building People, LLC VA$11.9M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541882523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.