Retirement plan

NUSTAR THRIFT PLAN

Name: NUSTAR SERVICES COMPANY LLC - NUSTAR THRIFT PLAN (2024) Form 5500
Creator: NUSTAR SERVICES COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NUSTAR THRIFT PLAN, NUSTAR SERVICES COMPANY LLC

NUSTAR SERVICES COMPANY LLCEIN 47-5622749Plan #002PY 2024

19003 IH-10 WEST - SAN ANTONIO, TX 78257210-918-2860

Other plans on this EIN

1 filing

#001Retirement-$159.6M assets

Prospect flagsHigh feesLow participationCorrective distributionsWind-down / frozen

How to read this page

Total assets (EOY)

$50.5M

-84.6% from 2023

Total participants

328

-77.0% from 2023

Average account balance

$161,778

-36.5% from 2023

Annual return

11.12%

-8.49 pp from 2023

Benchmarks

See 9,715 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort9,715 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$50.47M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$162K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

318

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$749K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$463

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 7 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$79,949
RESOURCES INVESTMENT ADVISORS LLC3 years Filed as: RESOURCES INVESTMENT ADVISORS Service code 28 · EIN 43-1451524	Investment Management	$19,500
AVID WEALTH PARTNERS LLC2 years Service code 26 · EIN 85-1104557	Advisory (Participants)	$17,725
FISHER INVESTMENTS4 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$11,442
TACTIVE ADVISORS LLC1 year Service code 26 · EIN 85-0638743	Advisory (Participants)	$5,528
CHARLES SCHWAB & CO., INC.9+ years Service code 33 · EIN 94-1737782	Securities brokerage; Float revenue; ...	$1,098
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2T3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$145K

$14454 / participant

Recordkeeping$44K30.3%
Investment mgmt$101K69.7%

% of EOY assets

0.286%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,778

$90,530+78.7%

$76,030+112.8%

$145,897+10.9%

Participation rate

0.0%

74.4%-74.4pp

69.1%-69.1pp

80.3%-80.3pp

Annual return

11.12%

625.08%-614.0pp

361.54%-350.4pp

552.29%-541.2pp

Employer contribution / active EE

$260,337

$3,319+7742.9%

$2,688+9586.8%

$4,663+5483.5%

Participant deferral / active EE

$488,168

$5,164+9352.4%

$4,257+11367.0%

$6,689+7197.8%

Admin fee / account holder

$463

$8,383-94.5%

$6,421-92.8%

$13,390-96.5%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.6 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$79,949

RESOURCES INVESTMENT ADVISORS LLC3 years

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 28 · EIN 43-1451524

Investment Management

$19,500

AVID WEALTH PARTNERS LLC2 years

Service code 26 · EIN 85-1104557

Advisory (Participants)

$17,725

FISHER INVESTMENTS4 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$11,442

TACTIVE ADVISORS LLC1 year

Service code 26 · EIN 85-0638743

Advisory (Participants)

$5,528

CHARLES SCHWAB & CO., INC.9+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Float revenue; ...

$1,098

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL

Service code 59

Shareholder Servicing

NUSTAR THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NUSTAR THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion