Plan Ledger DOL Form 5500 · updated monthly

Nwr Services, LLC401(k)

NORTHWOOD RAVIN 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Nwr Services, LLC reported $21,233 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,228 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 0.27% to 0.16%. 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 904th-largest of 2,005 plans among North Carolina employers on file, and the 876th of 2,096 in real estate & leasing. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 265 to 416 since 2022.

Plan summary
Net assets, end of year$14,401,035
Participants with balances175
Active participants416
Employer contributions$510,647
Employee contributions$1,313,812
Employer contribution per active participant$1,228
Average account balance$82,292
Benefits paid to participants$1,003,777
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 175 accts · $511K emplr
2023$11.5M · 148 accts · $474K emplr
2022$8.3M · 148 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,625
Audit (IQPA)$17,609
Total administrative$21,233
The Nwr Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,228
Median for plans this size$2,416
2024$1,228 per active participant
2023$1,823 per active participant
2022$1,578 per active participant

Nwr Services, LLC's 2024 employer contribution ran below the $2,416 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
COHNREZNICK LLP · Accounting / audit$17,609
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,625

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$21,233 · 0.16%
2023$20,750 · 0.21%
2022$23,638 · 0.27%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Allen Tate Real Estate, LLC NC$17.3M · 0.55%
D P Preiss Company Inc NC$15.0M · 0.47%
Trinity Partners, LLC NC$14.6M · 0.52%
Gingko Residential LLC NC$14.0M · 0.41%
Kane Realty Corporation NC$13.8M · 0.19%
Biltmore Farms, LLC NC$11.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274705218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.