Back to filter
Original filing (PDF)20251015085551NAL0008419090001
NESS USA, INC.
Form 5500
FILING_RECEIVED
NESS USA, INC. 401(K) PLAN
401(k) retirement plan
Active participants
157
Accounts w/ balance
391
Plan assets (EOY)
$17.2M
Net assets (EOY)
$17.2M
How this plan invests
This plan
34 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 59 bps in Schedule C fees — 104% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NESS USA, INC..
Plan sponsor
Name
NESS USA, INC.
EIN
23-2920053
Address
400 SOUTHPOINTE BOULEVARD · SUITE 230, PLAZA I · CANONSBURG, PA · 15317
Phone
(724) 396-7639
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | 84-0467907 | GREENWOOD VILLAGE, CO | RECORDKEEPER | $73K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ENVESTNET RETIREMENT SOLUTIONS, LLC | — | DENVER, CO | INVESTMENT ADVISOR | $5K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWEDGE SECURITIES INC. | — | PITTSBURGH, PA | BROKER/ADVISER | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| DEFINITI LLC | 85-0833363 | THE WOODLANDS, TX | CONTRACT ADMIN | $8K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $16K | — |
Investments
34 direct securities· $17.2M(100% of reported assets)
Uncategorized
$13.3M
32 holdings
Mutual Funds
$3.2M
1 holding
Guaranteed Income / GIC
$727K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Balanced Index Adm N/R | Mutual Funds | — | — | $3.2M | 18.8% | |
| Vanguard 500 Index Admiral N/R | — | — | — | $2.7M | 15.4% | |
| Federated Hermes MDT Large Cap N/R | — | — | — | $1.4M | 8.1% | |
| * Empower Annuity Insurance Empower Key Guaranteed Portfolio N/R | Guaranteed Income / GIC | — | — | $727K | 4.2% | |
| Growth Vanguard Total Intl Stock Index Admiral N/R | — | — | — | $672K | 3.9% | |
| American Funds American Funds New Perspective R6 N/R | — | — | — | $643K | 3.7% | |
| Vanguard Mid-Cap Index Fund Admiral N/R | — | — | — | $617K | 3.6% | |
| Vanguard Target Retirement 2040 Inv N/R | — | — | — | $581K | 3.4% | |
| Vanguard Target Retirement 2045 Inv N/R | — | — | — | $563K | 3.3% | |
| Federated High Total Return Bond R6 N/R | — | — | — | $464K | 2.7% | |
| Federated Hermes MDT Large Cap N/R | — | — | — | $456K | 2.6% | |
| Value R6 Vanguard Lifestrategy Growth Inv N/R | — | — | — | $439K | 2.5% | |
| Dimensional Fund Advisors DFA U.S. Vector Equity I N/R | — | — | — | $391K | 2.3% | |
| Vanguard Target Retirement 2030 Inv N/R | — | — | — | $367K | 2.1% | |
| Vanguard Target Retirement 2035 Inv N/R | — | — | — | $366K | 2.1% | |
| Federated Hermes Mdt Mid Cp Growth N/R | — | — | — | $354K | 2.1% | |
| R6 Dodge & Cox Dodge & Cox Global Bond N/R | — | — | — | $351K | 2.0% | |
| Federated High Yield Trust Institutional N/R | — | — | — | $349K | 2.0% | |
| Shares Columbia Small Cap Index A N/R | — | — | — | $328K | 1.9% | |
| Dimensional Fund Advisors DFA Inflation-Protected Securities I N/R | — | — | — | $326K | 1.9% | |
| Self-Directed Brokerage Accounts Charles Schwab & Co., Inc. Self-directed brokerage accounts N/R | — | — | — | $319K | 1.9% | |
| Vanguard Target Retirement 2050 Inv N/R | — | — | — | $248K | 1.4% | |
| JPMorgan Chase & Co JP Morgan Small Cap Value R5 N/R | — | — | — | $231K | 1.3% | |
| Vanguard Target Retirement 2025 Inv N/R | — | — | — | $223K | 1.3% | |
| Vanguard REIT Index Adm N/R | — | — | — | $179K | 1.0% | |
| Federated Hermes Mdt Small Cap N/R | — | — | — | $148K | 0.9% | |
| Growth R6 American Funds American Funds Europacific Growth R6 N/R | — | — | — | $144K | 0.8% | |
| Dimensional Fund Advisors DFA Emerging Markets I N/R | — | — | — | $110K | 0.6% | |
| Company of America Fund * Participant Loans Interest rates: 4.25% - 9.50% $0 | — | — | — | $104K | 0.6% | |
| Vanguard Lifestrategy Cnsrv Gr Inv N/R | — | — | — | $73K | 0.4% | |
| Vanguard Target Retirement 2055 Inv N/R | — | — | — | $64K | 0.4% | |
| John Hancock John Hancock Alt Asset Allocation Fund N/R | — | — | — | $47K | 0.3% | |
| Class R6 Columbia Overseas Value Fund N/R | — | — | — | $27K | 0.2% | |
| Institutional 3 Class Vanguard Target Retirement 2060 Inv N/R | — | — | — | $19K | 0.1% |
Related plans
Other plans using EMPOWER ANNUITY INSURANCE COMPANY
SOUTHWEST AIRLINES CO.
SOUTHWEST AIRLINES CO. RETIREMENT SAVINGS PLAN
$17.0B · 74,221 participants
ABBVIE INC.
ABBVIE SAVINGS PLAN
$13.4B · 28,506 participants
ADVOCATE AURORA HEALTH, INC
ADVOCATE AURORA HEALTH 401(K) PLAN
$10.5B · 83,445 participants
BECHTEL GLOBAL CORPORATION
BECHTEL TRUST & THRIFT PLAN
$6.1B · 8,546 participants
BLOOMBERG L.P.
BLOOMBERG L.P. 401(K) PLAN
$5.7B · 14,853 participants
SCHNEIDER ELECTRIC HOLDINGS, INC.
SCHNEIDER ELECTRIC 401(K) PLAN
$5.1B · 20,597 participants
Similar-size All Other Professional Services plans
JHP COMMUNICATIONS, LLC
JHP COMMUNICATIONS, LLC 401(K) PLAN
$17.2M · 58 participants
THE SEDONA GROUP, LTD.
THE SEDONA GROUP RETIREMENT PLAN
$17.2M · 228 participants
ZP GROUP
ZP GROUP PLAN A
$17.2M · 127 participants
BANC CARD OF AMERICA, INC
BANC CARD OF AMERICA, INC. 401(K) PROFIT SHARING PLAN
$17.2M · 182 participants
CENTER FOR SCIENCE IN THE PUBLIC INTEREST
CSPI 403B PLAN
$17.2M · 84 participants
AGUA TIERRA ASSOCIATES, INC. DBA WEISS ASSOCIATES
WEISS ASSOCIATES 401(K) RETIREMENT TRUST
$17.3M · 27 participants
Large plans in Pennsylvania
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET INDEX TRUST II
$223.1B
VANGUARD FIDUCIARY TRUST COMPANY
VFTC INSTITUTIONAL 500 INDEX TRUST
$183.5B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2035 MASTER TRUST
$116.3B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2045 MASTER TRUST
$109.4B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2040 MASTER TRUST
$108.2B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2030 MASTER TRUST
$106.2B