Plan Ledger DOL Form 5500 · updated monthly

Nsm Insurance Group, LLC401(k)

NSM INSURANCE GROUP 401(K) PLAN · CONSHOHOCKEN, PA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Nsm Insurance Group, LLC reported $143,924 in plan administrative expenses for 2023: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,539 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 0.26% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 685th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,459th of 4,798 in finance & insurance. In 2023, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 714 to 939 since 2022.

Plan summary
Net assets, end of year$60,043,033
Participants with balances1,435
Active participants939
Employer contributions$3,323,417
Employee contributions$5,059,066
Employer contribution per active participant$3,539
Average account balance$41,842
Benefits paid to participants$3,241,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 895 accts · $3.2M emplr
2023$60.0M · 1,435 accts · $3.3M emplr
2022$40.0M · 1,140 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$93,991
Investment management$49,933
Total administrative$143,924
The Nsm Insurance Group, LLC 401(k) match · 2023
Employer contribution per active participant$3,539
Median for plans this size$3,659
2024$4,623 per active participant
2023$3,539 per active participant
2022$3,904 per active participant

Nsm Insurance Group, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$93,991
TRINITY INVESTMENT ADVISORS, LLC · Investment advisory (plan)$49,933
LIMESTONE PENSION ASSOCIATES, LLC · Other servicesindirect comp

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$176,059 · 0.30%
2023$143,924 · 0.29%
2022$112,349 · 0.26%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Axios Advisory Group, LLC PA$60.9M · 0.90%
William a Graham Company PA$58.4M · 0.15%
Highway to Health, Inc. PA$51.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830348144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.