Plan Ledger DOL Form 5500 · updated monthly

National Collegiate Inventors & Innovators Alliance, Inc.403(b)

NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC. DEFINED CONTRIBUTION PLAN · HADLEY, MA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

National Collegiate Inventors & Innovators Alliance, Inc. reported $39,683 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $8,531 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 has held roughly steady near 0.287%. 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 among the smaller plans on file in Massachusetts (1,499th of 2,726), and 1,764th of 3,091 in educational services. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,102,594
Participants with balances196
Active participants132
Employer contributions$1,126,092
Employee contributions$1,301,458
Employer contribution per active participant$8,531
Average account balance$82,156
Benefits paid to participants$945,970
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$16.1M · 196 accts · $1.1M emplr
2023$11.5M · 179 accts · $902K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,683
Total administrative$39,683
Employer contributions to the National Collegiate Inventors & Innovators Alliance, Inc. plan · 2024
Employer contribution per active participant$8,531
Median for plans this size$2,416
2024$8,531 per active participant
2023$6,217 per active participant

National Collegiate Inventors & Innovators Alliance, 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 · 20241
TIAA$39,683

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

Administrative cost history2
2024$39,683 · 0.29%
2023$28,888 · 0.29%
Same employer
Similar plansEducational Services · Massachusetts
Bynder, LLC MA$18.0M · 0.34%
Amego, Inc. MA$17.5M · 0.92%
Winchendon School MA$15.7M · 0.08%
Cape Cod Academy MA$13.8M · 0.21%
Walker, Inc. MA$13.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421727335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.