# Naes Corporation 401(k) Plan
Source: https://planprovider.pro/companies/naes-corporation-401k-plan-002

> Naes Corporation's 401(k) plan: 2,201 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Naes Corporation

- **Sponsor EIN:** 911111672

- **Sponsor Address:** 1180 NW MAPLE STREET, SUITE 200, ISSAQUAH, WA, 98027

- **Plan Type:** 401(k)

- **Total Participants:** 2,201

- **Total Assets:** $643.7M

## 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|2,201|$643.7M|$21.8M|$30.7M|

| 2023|2,285|$557.5M|$17.5M|$24.4M|

| 2022|1,799|$471.8M|$16.7M|$23.3M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$358,974|—|$358,974|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$167,596|—|$167,596|

| HIGHLAND CAPITAL ADVISORS, LLC|INVESTMENT ADVISOR|$71,648|—|$71,648|

| RUDD & COMPANY, PLLC|ACCOUNTANT/AUDITOR|$22,239|—|$22,239|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [RUDD & COMPANY, PLLC](https://planprovider.pro/provider/rudd-and-company-pllc) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $620,457

- **Estimated Expense Ratio:** 0.096% 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|$614,625|$436,292|$3,000|$22,239|—|

| 2023|$413,259|$311,115|$900|$21,230|—|

| 2022|$461,771|$264,540|—|—|—|

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