Plan Ledger DOL Form 5500 · updated monthly

Nsmg Shared Services, LLC401(k)

NORTHSTAR MEMORIAL GROUP, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Nsmg Shared Services, LLC reported $215,307 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,022 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 1 year on file its reported administrative ratio rose from 0.13% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 760th-largest of 5,688 plans among Texas employers on file, and the 249th of 3,341 in other services. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,504,750
Participants with balances860
Active participants1,365
Employer contributions$2,759,681
Employee contributions$6,195,442
Employer contribution per active participant$2,022
Average account balance$93,610
Benefits paid to participants$8,178,869
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$80.5M · 860 accts · $2.8M emplr
2023$69.9M · 935 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,458
Investment management$147,849
Total administrative$215,307
The Nsmg Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,022
Median for plans this size$3,635
2024$2,022 per active participant
2023$2,119 per active participant

Nsmg Shared Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$107,865
PRIME CAPITAL INVESTMENT ADVIS · Investment management$81,219
MORNINGSTAR INC · Investment management$26,148

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$215,307 · 0.29%
2023$80,079 · 0.13%
Similar plansOther Services · Texas
Texo Abc/Agc, Inc. TX$128.6M · 0.71%
Shermco Industries, Inc. TX$77.2M · 0.27%
Visible Changes, Inc. TX$76.5M · 0.03%
Texas Medical Association TX$62.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205699506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.