Plan Snapshot
- Plan Sponsor: Neset Consulting Service INC.
- Sponsor EIN: 450396524
- Sponsor Address: 6844 HIGHWAY 40, TIOGA, ND, 58852
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $10.0M
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 | 199 | $10.0M | $581,560 | $1.2M |
| 2023 | 176 | $7.6M | $592,994 | $1.2M |
| 2022 | 159 | $4.8M | $427,135 | $882,995 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $7,334 | — | $7,334 |
| WIDMER ROEL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WIDMER ROEL — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,334
- Estimated Expense Ratio: 0.073% 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 | $7,334 | $517 | — | — | — |
| 2023 | $5,984 | $251 | — | — | — |
| 2022 | $30,928 | — | — | — | — |