Plan Snapshot
- Plan Sponsor: Naes Corporation
- Sponsor EIN: 208940196
- Sponsor Address: 600 SE MARITIME AVE. STE. 190, VANCOUVER, WA, 98661
- Plan Type: 401(k)
- Total Participants: 1,228
- Total Assets: $31.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,228 | $31.4M | $712,430 | $1.9M |
| 2023 | 561 | $27.2M | $648,642 | $1.8M |
| 2022 | 908 | $22.0M | $399,379 | $1.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $15,821 | — | $15,821 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $12,578 | — | $12,578 |
| HOWELL STRACZEK LL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- HOWELL STRACZEK LL — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,399
- Estimated Expense Ratio: 0.090% 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 | $28,219 | $12,578 | $300 | — | — |
| 2023 | $21,143 | $6,413 | — | — | — |
| 2022 | $16,504 | $2,966 | — | — | — |