Plan Ledger DOL Form 5500 · updated monthly

Nustar Services Company LLC401(k)

NUSTAR THRIFT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Nustar Services Company LLC reported $196,594 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,334 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 fell from 0.09% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 279th-largest of 5,688 plans among Texas employers on file, and the 108th of 2,677 in transportation & warehousing. In 2023, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$328,639,604
Participants with balances1,290
Active participants1,166
Employer contributions$7,385,912
Employee contributions$13,095,813
Employer contribution per active participant$6,334
Average account balance$254,759
Benefits paid to participants$20,508,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.5M · 312 accts · $2.6M emplr
2023$328.6M · 1,290 accts · $7.4M emplr
2022$274.8M · 1,307 accts · $7.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$132,693
Investment management$63,901
Total administrative$196,594
The Nustar Services Company LLC 401(k) match · 2023
Employer contribution per active participant$6,334
Median for plans this size$4,362
2024$260,337 per active participant
2023$6,334 per active participant
2022$6,398 per active participant

Nustar Services Company LLC's 2023 employer contribution ran above the $4,362 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 · 20237
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$172,384
AVID WEALTH PARTNERS LLC · Investment advisory (participants)$24,087
STRATEGY MARKETPLACE LLC · Investment advisory (participants)$13,010
FISHER INVESTMENTS · Investment advisory (participants)$11,595
RESOURCES INVESTMENT ADVISORS · Investment management$9,750
DYNAMIC WEALTH ADVISORS · Investment advisory (participants)$5,458
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,699

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$144,537 · 0.08%
2023$196,594 · 0.07%
2022$282,271 · 0.09%
Same employer
Similar plansTransportation & Warehousing · Texas
Plains All American Gp LLC TX$625.2M · 0.05%
Targa Resources LLC TX$612.6M · 0.04%
Rush Enterprises, Inc. TX$548.3M · 0.15%
Loomis Armored US, LLC TX$258.4M · 0.18%
Uber Freight US LLC TX$212.5M · 0.06%
Bristow Group Inc. TX$189.5M · 0.02%
M1 Support Services, L.P. TX$171.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475622749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.