Retirement plan

NEPC, LLC PROFIT SHARING AND 401(K) PLAN

Name: NEPC, LLC - NEPC, LLC PROFIT SHARING AND 401(K) PLAN (2024) Form 5500
Creator: NEPC, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEPC, LLC PROFIT SHARING AND 401(K) PLAN, NEPC, LLC

NEPC, LLCEIN 26-1429809Plan #001PY 2024

225 FRANKLIN STREET, 29TH FLOOR - BOSTON, MA 02110617-374-1300nepc.comLinkedIn201-500 employeesfinancial services

Prospect flagsLow returnsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$170.8M

+10.8% from 2023

Total participants

644

-1.7% from 2023

Average account balance

$268,541

+10.4% from 2023

Annual return

11.94%

-4.63 pp from 2023

Benchmarks

See 1,548 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,548 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$170.79M

Not enough data

1 years with asset history on file

Average account balance

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

$269K

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.

636

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+11.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$149

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 2 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Service code 15 · EIN 52-1714114 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$44,035
DELAWARE INVESTMENTS1 year Filed as: DELAWARE CHARTER GUARANTEE & TRUST Service code 19 · EIN 51-0099493 711 HIGH STREET · DES MOINES, IA 50932	Securities Custodian	$38,345

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$95K

$258 / participant

Other / not subdivided$95K100.0%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$268,541

$129,159+107.9%

$184,243+45.8%

$77,714+245.6%

Participation rate

97.8%

87.4%+10.5pp

86.8%+11.0pp

70.6%+27.2pp

Annual return

11.94%

33.22%-21.3pp

28.82%-16.9pp

31.26%-19.3pp

Employer contribution / active EE

$22,667

$4,410+414.0%

$6,427+252.7%

$2,727+731.3%

Participant deferral / active EE

$9,432

$7,305+29.1%

$9,132+3.3%

$4,649+102.9%

Admin fee / account holder

$149

$256-41.7%

$13,914-98.9%

$433-65.6%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Service code 15 · EIN 52-1714114

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$44,035

DELAWARE INVESTMENTS1 year

Filed as: DELAWARE CHARTER GUARANTEE & TRUST

Service code 19 · EIN 51-0099493

711 HIGH STREET · DES MOINES, IA 50932

Securities Custodian

$38,345

NEPC, LLC PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEPC, LLC PROFIT SHARING AND 401(K) 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