Plan Ledger DOL Form 5500 · updated monthly

National Council of State Boards of Nursing, Inc.403(b)

NATIONAL COUNCIL OF STATE BOARDS OF NURSING, INC. 403(B) DC PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

National Council of State Boards of Nursing, Inc. reported $3,326 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,514 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.

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 1,399th-largest of 3,702 plans among Illinois employers on file, and the 790th of 3,341 in other services.

Plan summary
Net assets, end of year$27,471,611
Participants with balances302
Active participants161
Employer contributions$1,531,703
Employee contributions—
Employer contribution per active participant$9,514
Average account balance$90,966
Benefits paid to participants$2,838,059
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 302 accts · $1.5M emplr
2023$26.0M · 293 accts · $1.4M emplr
2022$22.4M · 282 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,326
Total administrative$3,326
Employer contributions to the National Council of State Boards of Nursing, Inc. plan · 2024
Employer contribution per active participant$9,514
Median for plans this size$2,416
2024$9,514 per active participant
2023$9,169 per active participant
2022$9,278 per active participant

National Council of State Boards of Nursing, 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.

Administrative cost history3
2024$3,326 · 0.01%
2023Not separately reported
2022Not separately reported
All plans at this employer2
NATIONAL COUNCIL OF STATE BOARDS OF NURSING, INC. 403(B) DC PLAN403(b)
NATIONAL COUNCIL OF STATE BOARDS OF NURSING, INC. 403(B) TDA PLAN403(b)
Same employer
Similar plansOther Services · Illinois
The Allendale Association IL$28.5M · 0.39%
Aisc Holdings, Inc. IL$28.1M · 0.01%
Mkd Electric LLC IL$27.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363481016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.