PlanOptica
Retirement plan

NTESS RETIREMENT INCOME PLAN

NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIA, LLCEIN 85-0097942Plan #006PY 2019
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P.O. BOX 5800, MAIL STOP 1302 - ALBUQUERQUE, NM 871851302505-845-9222LinkedIn10001+ employeesveterinary
Other plans on this EIN
1 filing
#008Retirement-$4.57B assets
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(505) 845-9222
Plan administrator signer
LEAH MITCHELL, CPA
Signed 10/07/2020
Plan administrator entity
EMPLOYEE BENEFITS COMMITTEE OF NTESS
EIN 850097942
PO BOX 5800, MS 1302 · ALBUQUERQUE, NM 871851302
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Summary metrics

Total assets (EOY)
$6734.4M
-4.9% from 2016
Total participants
14,135
+7.0% from 2016
Average account balance
$0
No prior year
Annual return
24.87%
-17.16 pp from 2016

Benchmarks

See 1,029 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort1,029 peers
Snapshot2019
Participant deferral / active EE
$0
median $102
Employer contribution / active EE
$21,763
median $9,206
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $341,093,897
Admin fee / account holder
$0
median $1,551,325
Annual return
24.87%
median 17.22%
Overall peer rank
80th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$6.20B
Average account balance
Total assets / participants with a balance (line 6g)
$478K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,861
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$106.37M
Contributions per participant
Average employer and participant contribution per enrolled participant
$34K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.11%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 13 by compensation
ProviderService typeCompensation
PACIFIC INVESTMENT MANAGEMENT CO4 years
Service code 28 · EIN 33-0629048
Investment Management
$2,346,461
SILCHESTER INTERNATIONAL INVESTORS5+ years
Service code 28 · EIN 45-3056700
Investment Management
$1,775,802
NISA INVESTMENT ADVISORS LLC5+ years
Service code 28 · EIN 48-1140940
Investment Management
$1,540,880
BLACKROCK INSTITUTIONAL TRUST CO.3 years
Service code 21 · EIN 94-3112180
Bank Trustee
$1,232,502
FIDELITY INSTITUTIONAL ASSET MGT2 years
Service code 28 · EIN 20-2159373
Investment Management
$1,114,841
NORTHERN TRUST CORPORATION3 years
Service code 49 · EIN 36-2723087
Other Services
$666,704
NTESS, LLC2 years
Service code 35 · EIN 85-0097942
Direct payment from the plan; Employe...
$589,605
ARONSON & JOHNSON & ORTIZ, LP5+ years
Service code 28 · EIN 23-2312104
Investment Management
$566,964
PRUDENTIAL INSURANCE COMPANY5+ years
Service code 13 · EIN 22-1211670
Contract Administrator
$455,924
NUMERIC INVESTORS, LLC2 years
Service code 28 · EIN 04-3068821
Investment Management
$430,630

Enrolled actuary

1 attachment
SB

BRIAN P. LEVINE

AON CONSULTING, INC.
Enrollment #2006424
5005 LBJ FREEWAY
SUITE 1400
DALLAS, TX 75244
(214) 989-2661
Signed 2020-09-23

Reportable transactions (Schedule G)

2 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
PACIFIC GAS & ELECTRIC CO.—
P.O. BOX 997300
SACRAMENTO, CA 958997300
—
Part 1
Loan in default
PACIFIC GAS & ELECTRIC CO.—
P.O. BOX 997300
SACRAMENTO, CA 958997300
—

Top hat statement on fileNQDC

Filed April 27, 1

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes1A3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$21.7M
$4711 / participant
  • Investment mgmt$11M49.9%
  • Contract admin$547K2.5%
  • Other / not subdivided$10M47.6%
% of EOY assets
0.322%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Disclaimer