Plan Ledger DOL Form 5500 · updated monthly

National Conference of Bar Examiners403(b)

NATIONAL CONFERENCE OF BAR EXAMINERS 403(B) PLAN · MADISON, WI · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

National Conference of Bar Examiners reported $2,182 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,877 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 3 years on file its reported administrative ratio rose from 0.005% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 611th-largest of 1,936 plans among Wisconsin employers on file, and the 1,259th of 3,091 in educational services. In 2025, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 130 to 147 since 2022.

Plan summary
Net assets, end of year$31,290,495
Participants with balances174
Active participants147
Employer contributions$1,157,852
Employee contributions$1,835,818
Employer contribution per active participant$7,877
Average account balance$179,830
Benefits paid to participants$3,162,160
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$31.3M · 174 accts · $1.2M emplr
2024$27.1M · 178 accts · $1.1M emplr
2023$24.2M · 160 accts · $876K emplr
2022$19.3M · 140 accts · $742K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,182
Total administrative$2,182
Employer contributions to the National Conference of Bar Examiners plan · 2025
Employer contribution per active participant$7,877
Median for plans this size$2,666
2025$7,877 per active participant
2024$6,876 per active participant
2023$6,126 per active participant
2022$5,708 per active participant

National Conference of Bar Examiners's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan) · Named fiduciary$8,755
NOVA 401(K) ASSOCIATES · Contract administrator$5,674
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect comp

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

Administrative cost history4
2025$2,182 · 0.01%
2024$1,095 · 0.00%
2023$715 · 0.00%
2022$1,100 · 0.01%
Same employer
Similar plansEducational Services · Wisconsin
Lakeland University WI$57.3M · 0.05%
The Prairie School WI$32.4M · 0.15%
Academy of Basic Education WI$23.1M · 0.07%
Pesi, Inc. WI$19.8M · 0.16%
Nbi, Inc. WI$18.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362472009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.