Plan Ledger DOL Form 5500 · updated monthly

Nepc, LLC401(k)

NEPC, LLC PROFIT SHARING AND 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Nepc, LLC reported $94,811 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $22,667 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 rose from 0.01% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 302nd-largest of 2,726 plans among Massachusetts employers on file, and the 666th of 4,798 in finance & insurance. In 2024, the employer put in $2.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$170,627,923
Participants with balances636
Active participants367
Employer contributions$8,318,692
Employee contributions$3,461,502
Employer contribution per active participant$22,667
Average account balance$268,283
Benefits paid to participants$13,583,530
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$170.6M · 636 accts · $8.3M emplr
2023$154.0M · 634 accts · $7.6M emplr
2022$127.5M · 620 accts · $6.8M emplr
The Nepc, LLC 401(k) match · 2024
Employer contribution per active participant$22,667
Median for plans this size$3,635
2024$22,667 per active participant
2023$17,759 per active participant
2022$18,979 per active participant

Nepc, LLC's 2024 employer contribution ran above the $3,635 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
T ROWE PRICE RPS INC · Recordkeeping$42,880
DELAWARE CHARTER GUARANTEE & TRUST · Custodial (securities)$38,345
T ROWE PRICE RPS INC · Other services$1,155

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$94,811 · 0.06%
2023$85,494 · 0.06%
2022$20,006 · 0.01%
Same employer
Similar plansFinance & Insurance · Massachusetts
Berkshire Bank MA$182.7M · 0.09%
Amundi US, Inc. MA$174.2M · 0.04%
Brookline Bancorp, Inc. MA$168.7M · 0.09%
Fallon Community Health Plan MA$167.2M · 0.13%
Arrowstreet Capital L.P. MA$164.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261429809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.