NRP Investments LLC 401(k) Review & Grade
NRP Investments LLC 401(k) Savings Plan
Cleveland, OHReal Estate & Rental844 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,366Employer $ per active participant
$4,878Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$43.4MNet plan assets, end of year
$67,851Average balance per account
Score breakdown
- Employer generosity37.4 / 5075th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1566th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 24th |
| Employee saving | 66th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- NRP Investments put in about $2,366 per active participant, more than the typical peer ($1,279). 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.
- Direct plan expenses (0.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,995,595 |
| Participant (employee) contributions | $4,114,295 |
| Other contributions (incl. rollovers in) | $836,203 |
| Administrative expenses paid from the plan | $189,291 |
| Investment advisory & management fees | $89,475 |
| Benefits paid out | $3,662,777 |
| Net assets, start / end of year | $35.0M / $43.4M |
| Active participants, start / end of year | 864 / 823 |
| Participants with account balances | 640 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $99,816 reported compensation |
| Global Retirement Partners LLC | $65,172 reported compensation |
| Empower Advisory Group, LLC | $24,302 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250911094612NAL0000206705001, received 2025-09-11, EIN 34-1899036, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.