Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The National Plus Plan
- Sponsor EIN: 133513611
- Sponsor Address: 6 BLACKSTONE VALLEY PLACE STE 302, LINCOLN, RI, 02865
- Plan Type: DC
- Total Participants: 25,756
- Total Assets: $223.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 25,756 | $223.1M | $6.0M | $4.9M |
| 2023 | 35,858 | $207.7M | $6.1M | $4.5M |
| 2022 | 35,858 | $187.7M | $4.3M | $5.7M |
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 |
|---|---|---|---|---|
| AMALGAMATED LIFE INSURANCE CO | Other Service Provider | $265,165 | — | $265,165 |
| SCHULTE ROTH & ZABEL LLP | ERISA Attorney | $172,601 | — | $172,601 |
| INNOVATIVE SOFTWARE SOLUTIONS | Other Service Provider | $105,294 | — | $105,294 |
| JOHN HANCOCK RETIREMENT PLAN SVCS | Recordkeeper | $53,750 | — | $53,750 |
| ALICO | Other Service Provider | $45,131 | — | $45,131 |
| ALLIANT INSURANCE | Other Service Provider | $30,118 | — | $30,118 |
| NOVAK FRANCELLA | Other Service Provider | $25,000 | — | $25,000 |
| MARINER CONSULTING | Other Service Provider | $17,500 | — | $17,500 |
| NATIONAL RETIREMENT FUND | Other Service Provider | $7,200 | — | $7,200 |
| J W THOMPSON INVESTMENTS LLC | Other Service Provider | $6,250 | — | $6,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTE ROTH & ZABEL LLP — ERISA Attorney
- JOHN HANCOCK RETIREMENT PLAN SVCS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $728,009
- Estimated Expense Ratio: 0.326% 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 | $696,877 | $23,750 | — | $15,000 | — |
| 2023 | $881,469 | $90,000 | — | $25,000 | — |
| 2022 | $898,746 | $90,000 | — | — | $340,641 |