Plan Ledger DOL Form 5500 · updated monthly

Nres Management, LLC401(k)

NRES MANAGEMENT, LLC 401(K) PLAN · LEAWOOD, KS · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Nres Management, LLC reported $23,796 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $197 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 rose from 0.38% to 0.79%. 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 Kansas (718th of 828), and 1,718th of 2,096 in real estate & leasing. In 2024, employees put in $7.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,075,462
Participants with balances140
Active participants224
Employer contributions$44,073
Employee contributions$332,936
Employer contribution per active participant$197
Average account balance$21,968
Benefits paid to participants$556,479
Plan auditUnmodified (clean) audit opinion
AuditorSMITH AND HOWARD PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 140 accts · $44K emplr
2023$2.9M · 152 accts · $48K emplr
2022$2.4M · 166 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,433
Investment management$10,363
Total administrative$23,796
The Nres Management, LLC 401(k) match · 2024
Employer contribution per active participant$197
Median for plans this size$1,313
2024$197 per active participant
2023$199 per active participant
2022$217 per active participant

Nres Management, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,433
WOODBURY FINANCIAL SERVICES INC · Investment advisory (plan)$10,363

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$23,796 · 0.79%
2023$21,941 · 0.83%
2022$9,815 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Kansas
Peterson Properties, Inc. KS$5.3M · 0.40%
Cohen-Esrey LLC KS$4.9M · 0.34%
Copaken Brooks LLC KS$4.5M · 0.83%
Sundae, Inc. CA$3.1M · 0.49%
Avanath Communities, Inc. CA$3.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460540721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.