Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Nepc, LLC
Most often reported for investment advisory and management
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 187 retirement plans with 100 or more participants reported paying Nepc, LLC $5,000 or more. Those plans cover 2,370,497 participant records, and the service most often reported is investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $27.4M. Per plan, the median was $20.09 per participant, with the middle half of plans between $7.07 and $44.70. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New York (33), Massachusetts (19) and Texas (15).
In 2009 it appeared on 45 such filings; in 2024, 194. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $7.07 | $20.09 | $44.70 |
| Compensation as a share of plan net assets | 0.01% | 0.02% | 0.05% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Marriott Retirement Savings Plan | Marriott International, Inc. | MD | 152,118 | $11.7B | $138K |
| UFCW No. California Employers Joint Pension Plan | Board of Trustees, UFCW No. California Employers Joint Pension Plan | CA | 130,691 | $2.89B | $716K |
| International Painters and Allied Trades Industry Pension Plan | Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees | MD | 95,494 | $4.44B | $330K |
| Southwest Airlines Co. Retirement Savings Plan | Southwest Airlines Co. | TX | 85,685 | $17.0B | $13K |
| Thermo Fisher Scientific Inc. 401(k) Retirement Plan | Thermo Fisher Scientific Inc. | PA | 72,605 | $10.3B | $315K |
| UFCW No. California Food Employers Joint Individual Account Plan | Board of Trustees UFCW No. California Food Employers Joint Ind Account | CA | 58,508 | $267M | $60K |
| CRH Americas 401(k) Plan | CRH | GA | 52,581 | $4.19B | $149K |
| Construction Laborers Annuity Plan for Southern California | Board of Trustees,construction Laborers Annuity Plan for Southern Cali | CA | 51,834 | $272M | $5,000 |
| Beth Israel Lahey 403(b) Retirement Savings Plan | Beth Israel Lahey Health | MA | 47,712 | $3.51B | $0 |
| The Cargill Partnership Plan | Cargill, Incorporated | MN | 43,508 | $8.92B | $161K |
| Construction Laborers Pension Trust Fund for Southern California | Board of Trustees,construction Laborers Pension Trust for Southern Cal | CA | 42,443 | $3.67B | $300K |
| Cardinal Health 401(k) Savings Plan | Cardinal Health, Inc. | OH | 40,800 | $4.76B | $150K |
| 3M Voluntary Investment Plan and Employee Stock Ownership Plan | 3M Company | MN | 40,574 | $10.6B | $295K |
| Operating Engineers Pension Trust | Board of Trustees, Operating Engineers Pension Trust | CA | 40,018 | $3.65B | $320K |
| Ferguson Enterprises, LLC, 401(k) Retirement Savings Plan | Ferguson Enterprises, LLC | VA | 38,897 | $3.58B | $113K |
| Eaton Savings Plan | Eaton Corporation | OH | 37,536 | $8.39B | $146K |
| Rwjbarnabas Health 401(k) Savings Plan | Barnabas Health Inc. | NJ | 35,605 | $2.97B | $145K |
| Highmark Retirement Plan | Highmark Health | PA | 34,883 | $2.99B | $200K |
| Kodak Retirement Income Plan | Eastman Kodak Company | NY | 33,088 | $3.11B | $2.1M |
| Aecom Retirement & Savings Plan | Aecom | TX | 32,344 | $6.78B | $128K |
| Cargill Employee Retirement Account Plan | Cargill, Incorporated | MN | 32,006 | $613M | $8,294 |
| The Rite Aid 401(k) Plan | Rite Aid Corporation | PA | 30,990 | $3.21B | $126K |
| Peter Kiewit Sons, Inc. Retirement Savings Plan | Peter Kiewit Sons, Inc. | NE | 30,916 | $2.80B | $178K |
| Allegheny Health Network 401(k) Plan | Allegheny Health Network | PA | 30,839 | $1.44B | $75K |
| International Painters and Allied Trades Industry Annuity Plan | Intl Painters & Allied Trades Ind. Pension Fund- | MD | 25,947 | $635M | $7,500 |
| Nylic Retirement Plan | New York Life Insurance Company | NY | 25,159 | $3.14B | $90K |
| National Grid USA Co. Incentive Thrift Plan | National Grid USA Service Company, Inc. | NY | 24,480 | $6.44B | $180K |
| The Cultural Institutions Pension Plan | The Cultural Institutions Retirement System | NY | 24,316 | $1.67B | $79K |
| DXC Technology Matched Asset Plan | DXC Technology Company | VA | 23,214 | $2.57B | $166K |
| New York Life Insurance Company Pension Plan | New York Life Insurance Company | NY | 22,822 | $3.95B | $90K |
| Nextera Energy, Inc. Employee Retirement Savings Plan | Nextera Energy, Inc. | FL | 22,082 | $5.48B | $126K |
| Highmark Investment Plan | Highmark Health | PA | 21,288 | $2.86B | $164K |
| Beth Israel Lahey Health 401(k) Retirement Savings Plan | Beth Israel Lahey Health | MA | 20,359 | $1.60B | $0 |
| Frontier Communications Pension Plan | Frontier Communications Parent, Inc. | CT | 20,329 | $2.38B | $750K |
| Rochester Regional Health 403(b) Defined Contribution Plan | Rochester Regional Health | NY | 20,000 | $987M | $90K |
| The Campbell's Company 401(k) Retirement Plan | The Campbell's Company | NJ | 19,838 | $2.16B | $119K |
| Newell Brands Employee Savings Plan | Newell Operating Company | GA | 19,821 | $1.76B | $157K |
| Trihealth 401(k) Retirement Savings Plan | Trihealth, Inc. | OH | 19,369 | $1.39B | $75K |
| Global Payments Inc. 401(k) Plan | Global Payments Inc. | GA | 18,840 | $2.34B | $171K |
| Eversource Pension Plan | Eversource Energy Service Company | CT | 17,796 | $5.76B | $443K |
Questions and answers
How many plans does Nepc, LLC serve?
187 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Nepc, LLC?
The median plan reported $20.09 per participant in direct and indirect compensation (185 plans reporting an amount), or 0.02% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment advisory (plan) (92 plans), Consulting (general) (48 plans), Consulting (pension) (44 plans) and Investment management (19 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.