Back to filter
Original filing (PDF)20251014111625NAL0003748704001
NAES CORPORATION
Form 5500
FILING_RECEIVED
NAES CORPORATION RETIREMENT & 401(K) PLAN
401(k) retirement plan
Active participants
2,201
Accounts w/ balance
3,040
Plan assets (EOY)
$643.7M
Net assets (EOY)
$643.7M
How this plan invests
This plan
16 pooled trusts
Schedule D
33 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
- 10 bps in Schedule C fees — 61% above peer band of 6 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NAES CORPORATION.
Plan sponsor
Name
NAES CORPORATION
EIN
91-1111672
Address
1180 NW MAPLE STREET, SUITE 200 · ISSAQUAH, WA · 98027
Phone
(425) 961-4700
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
2E · Profit-sharing
2F · ERISA section 404(c)
3D · Pre-approved plan (master / prototype / VS)
2R · Participant-directed brokerage (SDBA)
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
RUDD & COMPANY, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $168K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | 04-2654524 | — | ADVISOR | $359K | — |
| HIGHLAND CAPITAL ADVISORS, LLC | 20-4284376 | — | INVESTMENT ADVISOR | $72K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| RUDD & COMPANY, PLLC | 82-0467399 | — | ACCOUNTANT/AUDITOR | $22K | — |
Investments
19 direct securities · 16 pooled funds· $784.0M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$395.9M
19 holdings
Common Collective Trust
$388.1M
16 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity OTC Port Fund Mutual Fund | — | — | — | $140.4M | 21.8% | |
| FID OTC POOL A FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 143 | Common Collective Trust | — | — | $140.4M | 21.8% | |
| Fidelity 500 Index Fund Mutual Fund | — | — | — | $46.7M | 7.3% | |
| PLT HYBRID 2030 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $44.8M | 7.0% | |
| PLT HYBRID 2035 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $33.6M | 5.2% | |
| PLT HYBRID 2045 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $30.0M | 4.7% | |
| JPMorgan US Research Enhances Equity Fund Class R6 Mutual Fund | — | — | — | $29.8M | 4.6% | |
| PLT HYBRID 2040 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $29.5M | 4.6% | |
| PLT HYBRID 2025 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $27.9M | 4.3% | |
| Self-Directed BrokerageLink Self-Directed Brokerage Account | — | — | — | $27.7M | 4.3% | |
| TRP STABLE VALUE P T. ROWE PRICE TRUST COMPANY · EIN 52-1309931 / PN 003 | Common Collective Trust | — | — | $24.3M | 3.8% | |
| Fidelity US Bond Index Fund Mutual Fund | — | — | — | $22.6M | 3.5% | |
| JPMorgan Midcap Value Fund Class L Mutual Fund | — | — | — | $18.3M | 2.8% | |
| Fidelity Puritan Fund Mutual Fund | — | — | — | $18.0M | 2.8% | |
| PLT HYBRID 2050 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $16.9M | 2.6% | |
| PLT HYBRID 2055 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $15.5M | 2.4% | |
| Fidelity Mid-Cap Stock K6 Fund Mutual Fund | — | — | — | $12.9M | 2.0% | |
| MFS International Instrinsic Value Fund Class R6 Mutual Fund | — | — | — | $12.6M | 2.0% | |
| PLT HYBRID 2020 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $10.6M | 1.7% | |
| Vanguard Equity Income Admiral Mutual Fund | — | — | — | $10.1M | 1.6% | |
| Dodge & Cox Internation Stock Fund Class X Mutual Fund | — | — | — | $9.9M | 1.5% | |
| Participant loans 2046 -0- | — | — | — | $9.6M | 1.5% | |
| Pimco Income Fund Institutional Fund Mutual Fund | — | — | — | $8.3M | 1.3% | |
| AF New Worlds R6 Mutual Fund | — | — | — | $8.0M | 1.2% | |
| Fidelity Mid Cap Index - Premium Class Fund Mutual Fund | — | — | — | $6.2M | 1.0% | |
| PLT HYBRID 2060 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $5.5M | 0.9% | |
| Fidelity Small Cap Index - Premium Class Fund Mutual Fund | — | — | — | $5.1M | 0.8% | |
| John Hancock Small Cap Core Fund Class R6 Mutual Fund | — | — | — | $5.1M | 0.8% | |
| Fidelity International Index - Premium Class Fund Mutual Fund | — | — | — | $3.6M | 0.6% | |
| PLT HYBRID INC X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $3.2M | 0.5% | |
| PLT HYBRID 2065 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $2.8M | 0.4% | |
| PLT HYBRID 2015 X PRINCIPAL TRUST COMPANY · EIN 26-6447574 / PN 002 | Common Collective Trust | — | — | $2.0M | 0.3% | |
| C&S US REALTY RS SEI TRUST COMPANY · EIN 46-3411346 / PN 064 | Common Collective Trust | — | — | $1.1M | 0.2% | |
| Fidelity Inflation-Protected Bond Index Fund Mutual Fund | — | — | — | $1.0M | 0.2% | |
| MIP CL 2 FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 024 | Common Collective Trust | — | — | $0 | <0.1% |