Plan Ledger DOL Form 5500 · updated monthly

National Board of Medical Examiners401(k)

NATIONAL BOARD OF MEDICAL EXAMINERS 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

National Board of Medical Examiners reported $31,024 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,074 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 0.11% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,400th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,471st of 3,091 in educational services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 217 to 293 since 2022.

Plan summary
Net assets, end of year$23,412,327
Participants with balances333
Active participants293
Employer contributions$1,486,674
Employee contributions$2,889,953
Employer contribution per active participant$5,074
Average account balance$70,307
Benefits paid to participants$1,360,413
Plan auditUnmodified (clean) audit opinion
AuditorEISENERAMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 333 accts · $1.5M emplr
2023$17.5M · 294 accts · $721K emplr
2022$12.6M · 255 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,024
Total administrative$31,024
The National Board of Medical Examiners 401(k) match · 2024
Employer contribution per active participant$5,074
Median for plans this size$2,416
2024$5,074 per active participant
2023$2,805 per active participant
2022$2,855 per active participant

National Board of Medical Examiners'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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$30,768

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,024 · 0.15%
2023$30,041 · 0.20%
2022$14,238 · 0.11%
Same employer
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Accesslex Institute PA$25.0M · 0.05%
Eeg, Inc. PA$24.4M · 0.71%
Propel Schools PA$22.9M · 0.13%
Surgent McCoy Cpe, LLC PA$22.5M · 0.08%
Harcum College PA$20.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.