Nsmg Shared Services, LLC 401(k) Review & Grade
Northstar Memorial Group, LLC 401(k) Plan
Houston, TXOther Services1,366 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,021Employer $ per active participant
$4,537Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$80.5MNet plan assets, end of year
$93,610Average balance per account
Score breakdown
- Employer generosity33.4 / 5067th percentile for employer $ per participant
- Low cost10.5 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 67th |
| Lower admin cost | 42th |
| Employee saving | 69th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,480 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Nsmg Shared Services put in about $2,021 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,759,681 |
| Participant (employee) contributions | $6,195,442 |
| Other contributions (incl. rollovers in) | $698,850 |
| Administrative expenses paid from the plan | $215,307 |
| Investment advisory & management fees | $147,849 |
| Benefits paid out | $8,178,869 |
| Net assets, start / end of year | $69.9M / $80.5M |
| Active participants, start / end of year | 1,366 / 1,365 |
| Participants with account balances | 860 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Harper & Pearson Company, P.C. |
| Employer stock held by plan | $4,388,299 |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $107,865 reported compensation |
| Prime Capital Investment Advis | $81,219 reported compensation |
| Morningstar Inc | $26,148 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250804104407NAL0000690419001, received 2025-08-04, EIN 20-5699506, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.