Retirement plan

NSU, LLC 401(K) PLAN

Name: NATURAL SYSTEMS UTILITIES, LLC - NSU, LLC 401(K) PLAN (2024) Form 5500
Creator: NATURAL SYSTEMS UTILITIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NSU, LLC 401(K) PLAN, NATURAL SYSTEMS UTILITIES, LLC

NATURAL SYSTEMS UTILITIES, LLCEIN 26-2484092Plan #001PY 2024

170 TOWNSHIP LINE ROAD, SUITE C - HILLSBOROUGH, NJ 08844908-431-7038nsuwater.comLinkedIn51-200 employeesutilities

Other plans on this EIN

1 filing

#002Retirement-$10.1M assets

Prospect flagsHigh retiree %Low returnsHigh fees

How to read this page

Total assets (EOY)

$558K

-94.8% from 2023

Total participants

-89.8% from 2023

Average account balance

$29,355

-59.8% from 2023

Annual return

2.89%

-13.18 pp from 2023

Benchmarks

See 1,943 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,943 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$558K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1049

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
CHADLER INVESTMENT ADVISORY SOLUTIO10+ years Service code 26 100 PASSAIC AVE · FAIRFIELD, NJ 07004	Advisory (Participants)	$10,236
WEB401K.COM, INC.1 year Service code 64 · EIN 23-2295481	Recordkeeping Fees	$8,022

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$20K

Recordkeeping$8K40.3%
Trustee / custodial$2K8.4%
Investment mgmt$10K51.4%

% of EOY assets

3.572%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BEDERSON LLP
Auditor EIN: 222978848
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,355

$97,765-70.0%

$103,486-71.6%

$145,884-79.9%

Participation rate

0.0%

81.1%-81.1pp

80.5%-80.5pp

80.3%-80.3pp

Annual return

2.89%

25.44%-22.6pp

23.93%-21.0pp

551.85%-549.0pp

Employer contribution / active EE

$4,687-100.0%

$4,679-100.0%

$4,662-100.0%

Participant deferral / active EE

$6,606-100.0%

$6,628-100.0%

$6,690-100.0%

Admin fee / account holder

$1,049

$12,505-91.6%

$9,354-88.8%

$13,392-92.2%

Provider

Service type

Compensation

CHADLER INVESTMENT ADVISORY SOLUTIO10+ years

Service code 26

100 PASSAIC AVE · FAIRFIELD, NJ 07004

Advisory (Participants)

$10,236

WEB401K.COM, INC.1 year

Service code 64 · EIN 23-2295481

Recordkeeping Fees

$8,022

NSU, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NSU, LLC 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