Plan Ledger DOL Form 5500 · updated monthly

Numed, Inc.401(k)

NUMED, INC. 401(K) PLAN · CROSSROADS, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Numed, Inc. reported $10,128 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,261 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,291st-largest of 5,688 plans among Texas employers on file, and the 789th of 2,096 in real estate & leasing. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,467,592
Participants with balances134
Active participants175
Employer contributions$395,605
Employee contributions$956,165
Employer contribution per active participant$2,261
Average account balance$122,892
Benefits paid to participants$2,473,999
Plan auditUnmodified (clean) audit opinion
AuditorFARMER, FUQUA & HUFF, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 134 accts · $396K emplr
2023$15.3M · 131 accts · $433K emplr
2022$12.4M · 126 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,128
Total administrative$10,128
The Numed, Inc. 401(k) match · 2024
Employer contribution per active participant$2,261
Median for plans this size$2,416
2024$2,261 per active participant
2023$2,461 per active participant
2022$2,478 per active participant

Numed, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EQUITABLE ADVISORSindirect comp
NOVA 401(K) ASSOCIATES · 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$10,128 · 0.06%
2023$7,561 · 0.05%
2022$6,076 · 0.04%
Same employer
Similar plansReal Estate & Leasing · Texas
Foundation Communities TX$16.8M · 0.57%
Midway Holdings, LP TX$15.4M · 0.10%
Crimson Capital LTD TX$15.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741827631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.