Plan Ledger DOL Form 5500 · updated monthly

National Electrical Contractors Assn.401(k)

NATIONAL ELECTRICAL CONTRACTORS ASSN. 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

National Electrical Contractors Assn. reported $14,818 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,331 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 0.06% to 0.07%. 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 District of Columbia (310th of 618), and the 941st of 3,341 in other services. In 2024, the employer put in $1.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,031,223
Participants with balances148
Active participants95
Employer contributions$1,741,426
Employee contributions$980,329
Employer contribution per active participant$18,331
Average account balance$155,616
Benefits paid to participants$5,127,134
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 148 accts · $1.7M emplr
2023$22.0M · 146 accts · $1.6M emplr
2022$18.9M · 132 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,801
Investment management$13,017
Total administrative$14,818
The National Electrical Contractors Assn. 401(k) match · 2024
Employer contribution per active participant$18,331
Median for plans this size$2,416
2024$18,331 per active participant
2023$16,934 per active participant
2022$18,462 per active participant

National Electrical Contractors Assn.'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$13,017

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$14,818 · 0.07%
2023$13,372 · 0.07%
2022$12,884 · 0.06%
Similar plansOther Services · District of Columbia
Unidosus DC$23.6M · 0.30%
Public Citizen, Inc. DC$22.9M · 0.01%
Portland Cement Association DC$22.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530115267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.