Plan Ledger DOL Form 5500 · updated monthly

National Association of Counties401(k)

NACO 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

National Association of Counties reported $78,595 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $14,596 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 0.27% to 0.36%. 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 307th-largest of 618 plans among District of Columbia employers on file, and the 932nd of 3,341 in other services. In 2024, the employer put in $1.98 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,195,827
Participants with balances239
Active participants94
Employer contributions$1,372,008
Employee contributions$693,045
Employer contribution per active participant$14,596
Average account balance$97,054
Benefits paid to participants$1,970,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 239 accts · $1.4M emplr
2023$20.3M · 218 accts · $1.3M emplr
2022$16.6M · 214 accts · $1.2M emplr
The National Association of Counties 401(k) match · 2024
Employer contribution per active participant$14,596
Median for plans this size$2,416
2024$14,596 per active participant
2023$16,895 per active participant
2022$13,946 per active participant

National Association of Counties'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 · 20243
PROACCOUNT · Investment advisory (participants)$78,596
NATIONWIDE · Investment management$15,919
NATIONWIDE · Investment management$175

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$78,595 · 0.36%
2023$58,265 · 0.32%
2022$49,398 · 0.27%
Similar plansOther Services · District of Columbia
Home Builders Institute DC$23.8M · 0.02%
Unidosus DC$23.6M · 0.30%
Public Citizen, Inc. DC$22.9M · 0.01%
Portland Cement Association DC$22.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530190321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.