Plan Snapshot
- Plan Sponsor: Ntt Data Business Solutions INC.
- Sponsor EIN: 311444147
- Sponsor Address: 10856 REED HARTMAN HIGHWAY, CINCINNATI, OH, 45242
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 477
- Total Assets: $129.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 477 | $129.2M | $3.2M | $7.0M |
| 2023 | 408 | $115.3M | $2.4M | $5.1M |
| 2022 | 342 | $95.6M | $2.1M | $4.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $84,738 | — | $84,738 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $47,209 | — | $47,209 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $20,946 | — | $20,946 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,893
- Estimated Expense Ratio: 0.118% 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 | $153,493 | $68,155 | — | — | — |
| 2023 | $133,101 | $60,644 | — | — | — |
| 2022 | $133,619 | $56,347 | $77,272 | — | — |