Plan Ledger DOL Form 5500 · updated monthly

National Center for Construction Education Research401(k)

NATIONAL CENTER FOR CONSTRUCTION EDUCATION RESEARCH RETIREMENT & SAVINGS PLAN · ALACHUA, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

National Center for Construction Education Research reported $47,924 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $8,492 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 0.62% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is the 1,782nd-largest of 3,644 plans among Florida employers on file, and 2,113th of 3,091 in educational services. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,976,925
Participants with balances134
Active participants119
Employer contributions$1,010,561
Employee contributions$659,756
Employer contribution per active participant$8,492
Average account balance$74,455
Benefits paid to participants$1,624,226
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.0M · 134 accts · $1.0M emplr
2023$8.6M · 123 accts · $819K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,610
Investment management$33,314
Total administrative$47,924
The National Center for Construction Education Research 401(k) match · 2024
Employer contribution per active participant$8,492
Median for plans this size$1,313
2024$8,492 per active participant
2023$7,064 per active participant

National Center for Construction Education Research'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.

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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,000
MERRILL LYNCH - EPS · Investment advisory (participants)$19,037
MERRILL LYNCH - FAS · Investment advisory (participants)$14,278
LINCOLN NATIONAL CORPORATION · Contract administrator$174

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 history2
2024$47,924 · 0.52%
2023$47,267 · 0.62%
Similar plansEducational Services · Florida
Als Education, LLC FL$10.3M · 0.98%
The Cushman School, Inc. FL$9.2M · 0.19%
Florida College, Inc. FL$8.9M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541779583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.