Plan Snapshot
- Plan Sponsor: National Technology & Engineering Solutions Of Sandia, LLC
- Sponsor EIN: 850097942
- Sponsor Address: P.O. BOX 5800, MAIL STOP 1302, ALBUQUERQUE, NM, 871851302
- Plan Type: 401(k)
- Total Participants: 15,950
- Total Assets: $7.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 15,950 | $7.2B | $189.9M | $263.5M |
| 2023 | 15,926 | $6.1B | $173.0M | $241.5M |
| 2022 | 14,721 | $5.0B | $144.9M | $208.4M |
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 |
|---|---|---|---|---|
| MITCHELL & TITUS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MITCHELL & TITUS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,004,513 | $3,404,082 | — | — | — |
| 2023 | $3,931,010 | $3,259,569 | — | — | — |
| 2022 | $4,031,464 | $3,221,079 | $794,635 | — | — |