Plan Ledger DOL Form 5500 · updated monthly

The Neiman Marcus Group LLC401(k)

THE NEIMAN MARCUS GROUP LLC RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

The Neiman Marcus Group LLC reported $773,801 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $2,781 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 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 87th-largest of 5,688 plans among Texas employers on file, and the 43rd of 5,215 in retail trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,394,163,544
Participants with balances13,919
Active participants9,666
Employer contributions$26,883,167
Employee contributions$51,110,235
Employer contribution per active participant$2,781
Average account balance$100,163
Benefits paid to participants$148,304,694
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $24.9M emplr
2024$1.4B · 13,919 accts · $26.9M emplr
2023$1.2B · 14,279 accts · $27.1M emplr
2022$1.1B · 15,411 accts · $27.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$715,370
Investment management$58,431
Total administrative$773,801
The The Neiman Marcus Group LLC 401(k) match · 2024
Employer contribution per active participant$2,781
Median for plans this size$5,259
2024$2,781 per active participant
2023$2,748 per active participant
2022$2,548 per active participant

The Neiman Marcus Group LLC's 2024 employer contribution ran below the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$715,634
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$58,431

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

Administrative cost history4
2025Not separately reported
2024$773,801 · 0.06%
2023$755,099 · 0.07%
2022$868,560 · 0.07%
Same employer
Similar plansRetail Trade · Texas
Whole Foods Market, Inc. TX$2.4B · 0.19%
Penney Opco, LLC TX$2.2B · 0.06%
Group 1 Automotive, Inc. TX$539.6M · 0.16%
Aveva Inc. TX$485.9M · 0.05%
Brookshire Holdings, Inc. TX$380.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954119509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.