Plan Ledger DOL Form 5500 · updated monthly

National Childrens Center, Inc.403(b)

NATIONAL CHILDREN'S CENTER, INC. 403(B) RETIREMENT SAVINGS PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

National Childrens Center, Inc. reported $119,386 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $402 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 0.84% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 832nd-largest of 1,671 plans among Maryland employers on file, and the 1,365th of 3,341 in other services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 863 to 530 since 2022.

Plan summary
Net assets, end of year$13,759,335
Participants with balances814
Active participants530
Employer contributions$213,142
Employee contributions$440,054
Employer contribution per active participant$402
Average account balance$16,903
Benefits paid to participants$1,327,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 814 accts · $213K emplr
2023$12.7M · 891 accts · $219K emplr
2022$12.3M · 898 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,386
Total administrative$119,386
Employer contributions to the National Childrens Center, Inc. plan · 2024
Employer contribution per active participant$402
Median for plans this size$2,416
2024$402 per active participant
2023$378 per active participant
2022$286 per active participant

National Childrens Center, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
KESTRA ADVISORY SERVICES LLC · Loan processing$29,017
ADMIN PARTNERS LLC · Contract administrator$24,009

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

Administrative cost history3
2024$119,386 · 0.90%
2023$109,160 · 0.87%
2022$113,460 · 0.84%
Same employer
Similar plansOther Services · Maryland
American Youth Hostels Inc. MD$12.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530260523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.