Plan Ledger DOL Form 5500 · updated monthly

National Association of Community Health Centers, Inc.403(b)

NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, INC. 403 (B) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

National Association of Community Health Centers, Inc. reported $53,924 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $6,028 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 0.33%. 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 731st-largest of 1,671 plans among Maryland employers on file, and the 1,181st of 3,341 in other services. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 116 to 128 since 2022.

Plan summary
Net assets, end of year$17,052,649
Participants with balances178
Active participants128
Employer contributions$771,612
Employee contributions$1,385,177
Employer contribution per active participant$6,028
Average account balance$95,801
Benefits paid to participants$2,965,591
Plan auditUnmodified (clean) audit opinion
AuditorGRF
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 178 accts · $772K emplr
2023$15.6M · 150 accts · $761K emplr
2022$14.3M · 150 accts · $644K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,026
Investment management$37,898
Total administrative$53,924
Employer contributions to the National Association of Community Health Centers, Inc. plan · 2024
Employer contribution per active participant$6,028
Median for plans this size$2,416
2024$6,028 per active participant
2023$5,395 per active participant
2022$5,550 per active participant

National Association of Community Health Centers, 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
GLOBAL REIREMNT PARTNERSLLC · Investment advisory (plan)$37,898

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$53,924 · 0.33%
2023$35,298 · 0.24%
2022$4,468 · 0.03%
Same employer
Similar plansOther Services · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 520939952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.