Plan Ledger DOL Form 5500 · updated monthly

National Association of Secondary School Principals403(b)

NATIONAL ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS SECTION 403(B) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

National Association of Secondary School Principals reported $33,099 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $6,416 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 fell from 0.24% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,075th-largest of 2,266 plans among Virginia employers on file, and 6,012th of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,534,695
Participants with balances120
Active participants63
Employer contributions$404,235
Employee contributions$698,300
Employer contribution per active participant$6,416
Average account balance$146,122
Benefits paid to participants$1,657,899
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 120 accts · $404K emplr
2023$15.8M · 90 accts · $386K emplr
2022$14.2M · 150 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,608
Investment management$4,666
Total administrative$33,099
Employer contributions to the National Association of Secondary School Principals plan · 2024
Employer contribution per active participant$6,416
Median for plans this size$2,416
2024$6,416 per active participant
2023$5,754 per active participant
2022$5,581 per active participant

National Association of Secondary School Principals'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
EMPOWER ADVISORY GROUP LLC · Investment management$4,666
MMLISindirect comp

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$33,099 · 0.20%
2023$23,894 · 0.16%
2022$37,329 · 0.24%
Similar plansProfessional & Technical Services · Virginia
Symplicity Corporation VA$18.2M · 0.43%
Asi Government, Inc. VA$17.9M · 0.37%
Procon Consulting, LLC VA$17.7M · 0.05%
Rmc 2021 LLC VA$17.4M · 0.55%
Piper Companies VA$17.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526006937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.