Plan Ledger DOL Form 5500 · updated monthly

National Board of Osteopathic Medical Examiners, Inc.401(k)

NATIONAL BOARD OF OSTEOPATHIC MEDICAL EXAMINERS, INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

National Board of Osteopathic Medical Examiners, Inc. reported $68,624 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $6,702 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 0.37% to 0.34%. 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 1,684th-largest of 3,702 plans among Illinois employers on file, and 1,592nd of 3,091 in educational services. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,164,251
Participants with balances163
Active participants110
Employer contributions$737,178
Employee contributions$945,898
Employer contribution per active participant$6,702
Average account balance$123,707
Benefits paid to participants$3,578,063
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 163 accts · $737K emplr
2023$19.6M · 177 accts · $657K emplr
2022$16.4M · 175 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,596
Investment management$36,028
Total administrative$68,624
The National Board of Osteopathic Medical Examiners, Inc. 401(k) match · 2024
Employer contribution per active participant$6,702
Median for plans this size$2,416
2024$6,702 per active participant
2023$5,866 per active participant
2022$5,907 per active participant

National Board of Osteopathic Medical Examiners, 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
JOHN HANCOCK ENTERPRISES · Recordkeeping · Loan processing$30,369
GLOBAL RETIREMENT PARTNERS · Investment management$36,028

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$68,624 · 0.34%
2023$60,313 · 0.33%
2022$63,669 · 0.37%
Same employer
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Marist High School IL$24.9M · 0.24%
Elim Christian Services IL$22.7M · 0.69%
Avery Coonley School IL$20.7M · 0.27%
Onegoal IL$18.1M · 0.42%
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Source: U.S. Department of Labor, Form 5500 series, EIN 364135679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.