Plan Snapshot
- Plan Sponsor: Nami
- Sponsor EIN: 431201653
- Sponsor Address: 4301 WILSON BLVD, ARLINGTON, VA, 22203
- Plan Type: 403(b)
- Total Participants: 203
- Total Assets: $18.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 203 | $18.0M | $548,574 | $1.1M |
| 2023 | 173 | $15.9M | $475,043 | $973,833 |
| 2022 | 194 | $13.6M | $363,011 | $841,572 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $50,549 | — | $50,549 |
| MML INVESTORS SERVICES LLC | Investment Advisor | — | $15,810 | $15,810 |
| TRIBRIDGE PARTNERS FINANCIAL LLC | Investment Advisor | — | $14,039 | $14,039 |
| NEWPORT GROUP INC | Other Service Provider | — | $5,182 | $5,182 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,580
- Estimated Expense Ratio: 0.475% 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 | $50,549 | — | $50,549 | — | — |
| 2023 | $36,724 | — | $36,724 | — | — |
| 2022 | $39,037 | — | $39,037 | — | — |