Plan Ledger DOL Form 5500 · updated monthly

National Caucus and Center on Aging Inc401(k)

NATIONAL CAUCUS AND CENTER ON BLACK AGING INC 401A DC PLAN · WASHINGTON, DC · plan year 2024

Employer contribution per participant · 2024
$2,759

National Caucus and Center on Aging Inc's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,075,920 across 110 participant accounts, with employer contributions averaging $2,759 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (517th of 618), and 2,278th of 3,341 in other services. active participation has shrunk from 77 to 63 since 2022.

Plan summary
Net assets, end of year$5,075,920
Participants with balances110
Active participants63
Employer contributions$173,816
Employee contributions—
Employer contribution per active participant$2,759
Average account balance$46,145
Benefits paid to participants$434,202
Plan auditUnmodified (clean) audit opinion
AuditorBERT SMITH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 110 accts · $174K emplr
2023$4.7M · 113 accts · $153K emplr
2022$4.2M · 122 accts · $180K emplr
The National Caucus and Center on Aging Inc 401(k) match · 2024
Employer contribution per active participant$2,759
Median for plans this size$1,313
2024$2,759 per active participant
2023$2,210 per active participant
2022$2,343 per active participant

National Caucus and Center on Aging Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansOther Services · District of Columbia
Relief International DC$6.7M · 0.05%
Marthas Table Inc. DC$4.8M · 0.39%
Windward Fund DC$4.4M · 0.77%
J Street DC$4.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237455377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.