Nesco Resource 401(k) match, vesting and fees
What Nesco Resource's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Qualified Plan Consultants, LLC | Schedule C ↗ |
| Independent auditor | Cohen & Company, Ltd (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 229 defined-contribution plans in administrative, support and waste management services with 500 to 999 participants.
| Nesco Resource: employer contribution per participant | $994 | |
| Peer median | $1,441 |
| Nesco Resource: average balance | $25,834 | |
| Peer median | $38,287 |
| Nesco Resource: admin expenses ÷ assets | 0.88% | |
| Peer median | 0.47% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $11.1M at the end of plan year 2023 to $13.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,589 | $13.2M | $508K | $994 | 0.88% | Not published | Form 5500 ↗ |
| 2023 | 2,282 | $11.1M | $442K | $860 | 0.63% | Not published | Form 5500 ↗ |
Common questions
Does Nesco Resource match 401(k) contributions?
The match terms for the Nesco Resource LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $508K in employer contributions, about $994 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nesco Resource 401(k) match vested?
The vesting schedule for the Nesco Resource LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nesco Resource 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Qualified Plan Consultants, LLC. The plan administrator is Nesco Resource LLC.
I left Nesco Resource. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nesco Resource LLC, (813) 855-9411) or the recordkeeper, Qualified Plan Consultants, LLC. The Nesco Resource old 401(k) page lists the contacts from every plan filing. Find an old Nesco Resource 401(k)
Data from the public Form 5500 annual reports Nesco Resource filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Nesco Resource. Not financial advice. Report a correction · Methodology