Plan Ledger DOL Form 5500 · updated monthly

Norwood Staffing Solutions, LLC401(k)

NORWOOD STAFFING SOLUTIONS, LLC 401(K) PROFIT SHARING PLAN & TRUST · SUNSET VALLEY, TX · plan year 2024

Reported admin expense ratio · 2024
0.96%

Norwood Staffing Solutions, LLC reported $12,353 in plan administrative expenses for 2024: 0.96% 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 1 year on file its reported administrative ratio rose from 0.91% to 0.96%. 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 Texas (5,073rd of 5,688), and 1,911th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$1,581,515
Participants with balances489
Active participants207
Employer contributions—
Employee contributions$781,878
Employer contribution per active participant—
Average account balance$3,234
Benefits paid to participants$319,738
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 489 accts
2023$979K · 408 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,910
Total administrative$12,353
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 · 20242
PAYCHEX, INC. · Recordkeeping$11,910
MID ATLANTIC TRUST COMPANY · Trustee (directed)$443

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history2
2024$12,353 · 0.96%
2023$5,992 · 0.91%
Same employer
Similar plansReal Estate & Leasing · Texas
Hospice Source, LLC TX$1.7M · 0.30%
Rreaf Holdings, LLC TX$1.7M · 1.67%
Megatel Homes, LLC TX$1.6M · 1.77%
Orison Holdings, LLC TX$1.6M · 1.06%
The Signorelli Company TX$1.3M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813593888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.