Retirement plan

NADAP, INC. RETIREMENT PLAN

Name: NADAP, INC. - NADAP, INC. RETIREMENT PLAN (2025) Form 5500
Creator: NADAP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NADAP, INC. RETIREMENT PLAN, NADAP, INC.

NADAP, INC.EIN 13-2814327Plan #001PY 2025

355 LEXINGTON AVENUE, SECOND FLOOR - NEW YORK, NY 10017212-986-1170nadap.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$12.2M

+5.2% from 2024

Total participants

313

-18.5% from 2024

Average account balance

$52,528

+27.9% from 2024

Annual return

9.09%

-1.93 pp from 2024

Benchmarks

See 1,431 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.19M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$53K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

232

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

63.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$982K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.09%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$177

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 15 F AND C LOCKBOX PO BOX 851704 · MINNEAPOLIS, MN 55485	Recordkeeping	$22,230
NATIONWIDE10+ years Service code 13 · EIN 31-4177100 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$21,155
LONG ISLAND EMPLOYEE BENEFITS GROUP10+ years Service code 17 · EIN 11-2931438 325 WIRELESS BLVD · HAUPPAUGE, NY 11788	Pension Consulting	$7,125

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$185 / participant

Investment mgmt$40K96.5%
Other / not subdivided$1K3.5%

% of EOY assets

0.337%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS LLP
Auditor EIN: 440160260
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,528

$43,496+20.8%

$161,489-67.5%

$64,340-18.4%

Participation rate

63.5%

53.5%+10.0pp

78.7%-15.2pp

55.2%+8.3pp

Annual return

9.09%

20.76%-11.7pp

89.72%-80.6pp

24.14%-15.0pp

Employer contribution / active EE

$1,491

$1,431+4.2%

$4,268-65.1%

$1,862-19.9%

Participant deferral / active EE

$2,933

$1,996+47.0%

$5,630-47.9%

$2,980-1.6%

Admin fee / account holder

$177

$2,330-92.4%

$16,006-98.9%

$3,703-95.2%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO CLEARING SERVICES, LLC

Service code 15

F AND C LOCKBOX PO BOX 851704 · MINNEAPOLIS, MN 55485

Recordkeeping

$22,230

NATIONWIDE10+ years

Service code 13 · EIN 31-4177100

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$21,155

LONG ISLAND EMPLOYEE BENEFITS GROUP10+ years

Service code 17 · EIN 11-2931438

325 WIRELESS BLVD · HAUPPAUGE, NY 11788

Pension Consulting

$7,125

NADAP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NADAP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion