Plan Ledger DOL Form 5500 · updated monthly

National Association of Student Personnel Administrators, Inc.401(k)

NASPA 401(K) PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

National Association of Student Personnel Administrators, Inc. reported $21,331 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $7,211 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 fell from 0.17% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (388th of 618), and the 1,347th of 3,341 in other services. In 2023, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,054,310
Participants with balances119
Active participants101
Employer contributions$728,331
Employee contributions$610,537
Employer contribution per active participant$7,211
Average account balance$118,103
Benefits paid to participants$847,808
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG & FREEDMAN, PC
Plan history2
Yearassets · accounts · employer contribution
2024$13.9M · 132 accts · $832K emplr
2023$14.1M · 119 accts · $728K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,331
Total administrative$21,331
The National Association of Student Personnel Administrators, Inc. 401(k) match · 2023
Employer contribution per active participant$7,211
Median for plans this size$2,440
2024$8,399 per active participant
2023$7,211 per active participant

National Association of Student Personnel Administrators, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MV CAPITAL MANAGEMENT, INC. · Investment advisory (plan)$21,331

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

Administrative cost history2
2024$9,412 · 0.07%
2023$21,331 · 0.17%
Similar plansOther Services · District of Columbia
National 4-H Council DC$15.3M · 0.40%
The One Campaign DC$13.8M · 0.34%
Defenders of Wildlife DC$13.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521542164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.