Plan Snapshot
- Plan Sponsor: National Rural Electric Cooperative Association
- Sponsor EIN: 530116145
- Sponsor Address: 4301 WILSON BLVD, ARLINGTON, VA, 22203
- Plan Type: DB
- Total Participants: 56,128
- Total Assets: $11.5B
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 56,128 | $11.5B | $1.1B | $5.9M |
| 2023 | 55,939 | $10.2B | $1.2B | $6.0M |
| 2022 | 53,861 | $9.4B | $1.1B | $6.1M |
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 |
|---|---|---|---|---|
| ARROWSTREET CAPITAL LIMITED PARTNER | Investment Advisor | $2,970,209 | — | $2,970,209 |
| LSV ASSET MANAGEMENT | Investment Advisor | $2,811,022 | — | $2,811,022 |
| EXCELLA INC | Other Service Provider | $2,478,267 | — | $2,478,267 |
| JENNISON ASSOCIATES LLC | Investment Advisor | $1,910,539 | — | $1,910,539 |
| DECISIONPATH CONSULTING | Other Service Provider | $1,419,723 | — | $1,419,723 |
| BAILLIE GIFFORD OVERSEAS LIMITED | Investment Advisor | $1,304,385 | $61 | $1,304,446 |
| CAPITAL BANK AND TRUST COMPANY | Investment Advisor | $1,302,986 | — | $1,302,986 |
| RBC GLOBAL ASSET MANAGEMENT US INC | Investment Advisor | $1,261,433 | — | $1,261,433 |
| T ROWE PRICE ASSOCIATES INC | Investment Advisor | $1,148,431 | — | $1,148,431 |
| EXPERIS IT SERVICES US LLC | Other Service Provider | $1,021,090 | — | $1,021,090 |
| WILLIS TOWERS WATSON US LLC | Actuary | $1,016,802 | — | $1,016,802 |
| OPTOMI LLC | Other Service Provider | $927,247 | — | $927,247 |
| LOCKTON COMPANIES | Insurance Carrier | $546,845 | — | $546,845 |
| CAPRICORN SYSTEMS INC | Other Service Provider | $535,971 | — | $535,971 |
| SPEAR SOLUTIONS INC | Other Service Provider | $487,110 | — | $487,110 |
| PRUDENTIAL TRUST COMPANY | Investment Advisor | $470,279 | — | $470,279 |
| NEUBERGER BERMAN GROUP LLC | Investment Advisor | $446,245 | — | $446,245 |
| STATE STREET BANK | Custodian / Trustee | $429,816 | — | $429,816 |
| WELLINGTON MANAGEMENT COMPANY LLP | Investment Advisor | $397,443 | — | $397,443 |
| STATE STREET GLOBAL ADVISORS TRUST | Investment Advisor | $368,047 | — | $368,047 |
| RVK INC | Other Service Provider | $353,595 | — | $353,595 |
| ASKIA LLC | Other Service Provider | $274,502 | — | $274,502 |
| CONVERGENZ LLC | Other Service Provider | $269,808 | — | $269,808 |
| PALADIN CONSULTING | Other Service Provider | $245,435 | — | $245,435 |
| ENTERPRISE IRON FIS INC | Other Service Provider | $220,037 | — | $220,037 |
| DAVIS COMPANIES | Other Service Provider | $183,566 | — | $183,566 |
| SIGNATURE COMMERCIAL SOLUTIONS LLC | Other Service Provider | $126,160 | — | $126,160 |
| BDO USA LLP | Auditor | $112,463 | — | $112,463 |
| ROBERT HALF | Other Service Provider | $96,827 | — | $96,827 |
| GROOM LAW GROUP CHARTERED | ERISA Attorney | $96,011 | — | $96,011 |
| SPECTRUM FINANCIAL SERVICES | Other Service Provider | $95,272 | — | $95,272 |
| USM BUSINESS SYSTEMS INC | Other Service Provider | $92,229 | — | $92,229 |
| WILLKIE FARR AND GALLAGHER LLP | ERISA Attorney | $87,671 | — | $87,671 |
| BLACKROCK FINANCIAL MANAGEMENT INC | Investment Advisor | $79,655 | — | $79,655 |
| PINNACLE DATA SYSTEMS LLC | Other Service Provider | $77,397 | — | $77,397 |
| CLIFTONLARSONALLEN LLP | Auditor | $64,623 | — | $64,623 |
| THOMPSON HINE LLP | ERISA Attorney | $63,486 | — | $63,486 |
| CHESAPEAKE BENEFIT PARTNERS LLC | Other Service Provider | $57,549 | — | $57,549 |
| ASTON CARTER INC | Other Service Provider | $56,505 | — | $56,505 |
| SIRIUS COMPUTER SOLUTIONS INC | Other Service Provider | $48,735 | — | $48,735 |
| RAYMOND JAMES AND ASSOCIATES | Investment Advisor | — | $43,365 | $43,365 |
| JP MORGAN SECURITIES LLC | Investment Advisor | — | $41,637 | $41,637 |
| NEWPORT TRUST COMPANY | Other Service Provider | $39,667 | — | $39,667 |
| INTERNATIONAL SOFTWARE SYSTEMS INC | Other Service Provider | $38,096 | — | $38,096 |
| MORGAN STANLEY CO INCORPORATED | Investment Advisor | — | $31,918 | $31,918 |
| REASONN LLC | Other Service Provider | $31,662 | — | $31,662 |
| ADP INC | Recordkeeper | $30,519 | — | $30,519 |
| JEFFERIES INTERNATIONAL LTD | Investment Advisor | — | $29,763 | $29,763 |
| CITIGROUP GLOBAL MARKETS LIMITED | Investment Advisor | — | $24,760 | $24,760 |
| UBS AG | Investment Advisor | — | $23,480 | $23,480 |
| ZOVAYA CORPORATION | Other Service Provider | $19,970 | — | $19,970 |
| BLOOMBERG FINANCE LP | Other Service Provider | $19,849 | — | $19,849 |
| COWEN AND COMPANY | Investment Advisor | — | $19,541 | $19,541 |
| GOLDMAN SACHS AND CO | Investment Advisor | — | $19,418 | $19,418 |
| WELLS FARGO BANK | Other Service Provider | $19,339 | — | $19,339 |
| PROTIVITI INC | Other Service Provider | $15,911 | — | $15,911 |
| MERRILL LYNCH INTERNATIONAL | Investment Advisor | — | $15,228 | $15,228 |
| DEXIAN LLC | Other Service Provider | $12,905 | — | $12,905 |
| JEFFERIES LLC | Investment Advisor | — | $12,730 | $12,730 |
| BARCLAYS CAPITAL LE | Investment Advisor | — | $12,424 | $12,424 |
| NASDAQ INFORMATION LLC | Other Service Provider | $11,754 | — | $11,754 |
| WELLS FARGO SECURITIES | Investment Advisor | — | $10,522 | $10,522 |
| GOLDMAN SACHS INTERNATIONAL | Investment Advisor | — | $8,841 | $8,841 |
| NATIONAL FINANCIAL SECURITIES CORP | Investment Advisor | — | $8,107 | $8,107 |
| EVERCORE ISI | Investment Advisor | — | $8,042 | $8,042 |
| RBC CAPITAL MARKETS | Investment Advisor | — | $7,817 | $7,817 |
| MORGAN STANLEY AND CO INTERNATIONAL | Investment Advisor | — | $7,480 | $7,480 |
| BTIG LLC | Investment Advisor | — | $6,773 | $6,773 |
| ROBERT W BAIRD CO INCOPORATED | Investment Advisor | — | $6,416 | $6,416 |
| BOFA SECURITIES | Investment Advisor | — | $5,669 | $5,669 |
| PIPER JAFFRAY AND CO | Investment Advisor | — | $5,566 | $5,566 |
| JP MORGAN SECURITIES ASIA PACIFIC | Investment Advisor | — | $5,537 | $5,537 |
| ALKU TECHNOLOGIES LLC | Other Service Provider | $5,457 | — | $5,457 |
| UBS SECURITIES | Investment Advisor | — | $5,300 | $5,300 |
| BNP PARIBAS SECURITIES | Investment Advisor | — | $5,122 | $5,122 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC GLOBAL ASSET MANAGEMENT US INC — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Actuary
- LOCKTON COMPANIES — Insurance Carrier
- BDO USA LLP — Auditor
- GROOM LAW GROUP CHARTERED — ERISA Attorney
- WILLKIE FARR AND GALLAGHER LLP — ERISA Attorney
- CLIFTONLARSONALLEN LLP — Auditor
- THOMPSON HINE LLP — ERISA Attorney
- RAYMOND JAMES AND ASSOCIATES — Investment Advisor
- MORGAN STANLEY CO INCORPORATED — Investment Advisor
- ADP INC — Recordkeeper
- UBS AG — Investment Advisor
- GOLDMAN SACHS AND CO — Investment Advisor
- MORGAN STANLEY AND CO INTERNATIONAL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,566,062
- Estimated Expense Ratio: 0.231% 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 | $28,457,792 | $15,098,772 | — | $83,086 | — |
| 2023 | $36,585,448 | $13,371,402 | — | $135,033 | — |
| 2022 | $28,122,144 | $14,690,964 | — | — | $6,424,113 |