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: DB
- Total Participants: 3,118
- Total Assets: $6.2B
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 | 3,118 | $6.2B | $106.4M | $0 |
| 2023 | 3,323 | $6.1B | $165.0M | $0 |
| 2022 | 3,544 | $5.6B | $45.3M | $0 |
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 |
|---|---|---|---|---|
| PACIFIC INVESTMENT MANAGEMENT CO | Other Service Provider | $1,571,580 | — | $1,571,580 |
| NTESS, LLC | Other Service Provider | $1,502,683 | — | $1,502,683 |
| NORTHERN TRUST CORPORATION | Custodian / Trustee | $1,212,990 | — | $1,212,990 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $959,861 | — | $959,861 |
| SILCHESTER INTERNATIONAL INVESTORS | Other Service Provider | $933,101 | — | $933,101 |
| NISA INVESTMENT ADVISOR LLC | Other Service Provider | $911,551 | — | $911,551 |
| FIDELITY INSTITUTIONAL ASSET MGT | Other Service Provider | $742,860 | — | $742,860 |
| NUMERIC INVESTORS, LLC | Other Service Provider | $265,993 | — | $265,993 |
| AON HEWITT INVESTMENT CONSULTING | Recordkeeper | $126,000 | — | $126,000 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $41,475 | — | $41,475 |
| PRUDENTIAL INSURANCE COMPANY | Custodian / Trustee | $20,895 | — | $20,895 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON HEWITT INVESTMENT CONSULTING — Recordkeeper
- PRUDENTIAL INSURANCE COMPANY — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,288,989
- Estimated Expense Ratio: 0.134% 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 | $15,568,825 | $6,686,607 | $182,482 | — | — |
| 2023 | $21,425,842 | $9,400,989 | $249,480 | — | — |
| 2022 | $20,343,126 | $9,263,609 | $314,543 | — | $168,000 |