Plan Snapshot
- Plan Sponsor: Nations Direct Mortgage, LLC
- Sponsor EIN: 208544905
- Sponsor Address: 2475 VILLAGE VIEW DRIVE, HENDERSON, NV, 89074
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 181 | $11.6M | $332,625 | $1.1M |
| 2023 | 157 | $9.5M | $204,725 | $933,383 |
| 2022 | 177 | $7.9M | $288,284 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LSL, LLP | Auditor | $15,820 | — | $15,820 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LSL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,820
- Estimated Expense Ratio: 0.136% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $32,147 | $3,306 | — | $15,820 | — |
| 2023 | $28,117 | $3,611 | — | $11,000 | — |
| 2022 | $32,547 | $3,446 | — | — | — |