Plan Ledger DOL Form 5500 · updated monthly

Naacp Legal Defense & Educational Fund, Inc.403(b)

NAACP LEGAL DEFENSE & EDUCATIONAL FUND, INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Naacp Legal Defense & Educational Fund, Inc. reported $9,138 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,193 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 1 year on file its reported administrative ratio rose from 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,410th-largest of 5,648 plans among New York employers on file, and the 1,544th of 3,091 in educational services. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 181 to 210 since 2022.

Plan summary
Net assets, end of year$21,600,856
Participants with balances353
Active participants210
Employer contributions$1,510,623
Employee contributions$1,986,131
Employer contribution per active participant$7,193
Average account balance$61,192
Benefits paid to participants$1,212,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 353 accts · $1.5M emplr
2023$16.9M · 329 accts · $1.3M emplr
2022$12.1M · 283 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,138
Total administrative$9,138
Employer contributions to the Naacp Legal Defense & Educational Fund, Inc. plan · 2024
Employer contribution per active participant$7,193
Median for plans this size$2,416
2024$7,193 per active participant
2023$6,652 per active participant
2022$6,479 per active participant

Naacp Legal Defense & Educational Fund, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
THE BENEFIT PRACTICE · Other services$7,925
LINCOLN NATIONAL CORPORATION$1,213

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

Administrative cost history3
2024$9,138 · 0.05%
2023$4,481 · 0.03%
2022Not separately reported
Same employer
Similar plansEducational Services · New York
The New York Preparatory NY$22.2M · 0.39%
Icahn Charter School 1 NY$21.9M · 0.19%
St. Luke's School NY$21.7M · 0.01%
Gateway School of New York NY$20.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131655255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.