Plan Ledger DOL Form 5500 · updated monthly

National Technology & Engineering Solutions of Sandia, LLC401(k)

NTESS SAVINGS AND INCOME PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

National Technology & Engineering Solutions of Sandia, LLC reported $4,004,513 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $11,908 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1st-largest of 290 plans among New Mexico employers on file, and the 20th of 11,654 in professional & technical services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,247,233,309
Participants with balances19,472
Active participants15,950
Employer contributions$189,929,776
Employee contributions$263,507,676
Employer contribution per active participant$11,908
Average account balance$372,187
Benefits paid to participants$468,826,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2B · 19,472 accts · $189.9M emplr
2023$6.1B · 19,661 accts · $173.0M emplr
2022$5.0B · 18,459 accts · $144.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$584,681
Investment management$3,404,082
Total administrative$4,004,513
The National Technology & Engineering Solutions of Sandia, LLC 401(k) match · 2024
Employer contribution per active participant$11,908
Median for plans this size$5,259
2024$11,908 per active participant
2023$10,866 per active participant
2022$9,846 per active participant

National Technology & Engineering Solutions of Sandia, LLC's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EDELMAN FINANCIAL ENGINES, LLC · Investment advisory (participants)$2,048,561
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing · Participant communication$584,681
ALIGHT SOLUTIONS LLC · Other services$15,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$4,004,513 · 0.06%
2023$3,931,010 · 0.07%
2022$4,031,464 · 0.07%
Same employer
Similar plansProfessional & Technical Services · New Mexico
Trinet HR III, Inc. FL$8.7B · 0.16%
Hdr, Inc. NE$7.7B · 0.02%
Aecom TX$6.8B · 0.02%
Bloomberg L.P. NY$5.7B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850097942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.