Plan Ledger DOL Form 5500 · updated monthly

National Apartment Association401(k)

NATIONAL APARTMENT ASSOCIATION 401(K) PROFIT SHARING PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

National Apartment Association reported $7,969 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,198 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,006th-largest of 2,266 plans among Virginia employers on file, and the 1,068th of 3,341 in other services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 97 to 116 since 2022.

Plan summary
Net assets, end of year$19,694,192
Participants with balances167
Active participants116
Employer contributions$602,921
Employee contributions$971,696
Employer contribution per active participant$5,198
Average account balance$117,929
Benefits paid to participants$334,397
Plan auditUnmodified (clean) audit opinion
AuditorCARON BLETZER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 167 accts · $603K emplr
2023$15.8M · 164 accts · $554K emplr
2022$12.2M · 148 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,969
Total administrative$7,969
The National Apartment Association 401(k) match · 2024
Employer contribution per active participant$5,198
Median for plans this size$2,416
2024$5,198 per active participant
2023$5,173 per active participant
2022$4,619 per active participant

National Apartment Association'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.

Administrative cost history3
2024$7,969 · 0.04%
2023$9,277 · 0.07%
2022$4,248 · 0.03%
Same employer
Similar plansOther Services · Virginia
Moore & Giles VA$18.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530191129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.