Plan Ledger DOL Form 5500 · updated monthly

National Council on Aging, Inc.403(b)

NATIONAL COUNCIL ON AGING, INC. 403(B) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

National Council on Aging, Inc. reported $42,749 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $6,880 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 0.28% to 0.29%. 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 among the smaller plans on file in Virginia (1,201st of 2,266), and the 1,306th of 3,341 in other services. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 84 to 95 since 2022.

Plan summary
Net assets, end of year$14,708,338
Participants with balances131
Active participants95
Employer contributions$653,643
Employee contributions$827,124
Employer contribution per active participant$6,880
Average account balance$112,277
Benefits paid to participants$3,889,772
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 131 accts · $654K emplr
2023$14.5M · 125 accts · $596K emplr
2022$12.0M · 111 accts · $489K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,555
Audit (IQPA)$29,194
Total administrative$42,749
Employer contributions to the National Council on Aging, Inc. plan · 2024
Employer contribution per active participant$6,880
Median for plans this size$2,416
2024$6,880 per active participant
2023$6,083 per active participant
2022$5,824 per active participant

National Council on Aging, 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 · 20243
RETIREMENT PLANOLOGY INC · Investment advisory (plan)$27,750
ADVISED ASSETS GROUP, LLC · Investment management$1,444

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$42,749 · 0.29%
2023$37,906 · 0.29%
2022$34,807 · 0.28%
Similar plansOther Services · Virginia
Global Impact VA$15.8M · 0.35%
Patient Advocate Foundation VA$14.9M · 0.30%
Reston Association VA$14.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131932384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.