Plan Ledger DOL Form 5500 · updated monthly

National Exchange Carrier Association, Inc.401(k)

NATIONAL EXCHANGE CARRIER ASSOCIATION RETIREMENT SAVINGS PLAN · MORRISTOWN, NJ · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

National Exchange Carrier Association, Inc. reported $157,322 in plan administrative expenses for 2025: 0.07% of average plan assets, below the peer median. Employer contributions averaged $29,206 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 fell from 0.12% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 206th-largest of 2,419 plans among New Jersey employers on file, and the 709th of 11,654 in professional & technical services. In 2025, the employer put in $1.66 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$228,519,037
Participants with balances226
Active participants166
Employer contributions$4,848,129
Employee contributions$2,913,862
Employer contribution per active participant$29,206
Average account balance$1,011,146
Benefits paid to participants$7,827,258
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN
Plan history4
Yearassets · accounts · employer contribution
2025$228.5M · 226 accts · $4.8M emplr
2024$203.7M · 228 accts · $4.7M emplr
2023$182.1M · 233 accts · $4.4M emplr
2022$161.8M · 229 accts · $4.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$157,322
Total administrative$157,322
The National Exchange Carrier Association, Inc. 401(k) match · 2025
Employer contribution per active participant$29,206
Median for plans this size$4,093
2025$29,206 per active participant
2024$27,791 per active participant
2023$25,517 per active participant
2022$24,875 per active participant

National Exchange Carrier Association, Inc.'s 2025 employer contribution ran above the $4,093 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$157,321
NATIONAL EXCHANGE CARRIER ASSOCIATI · Other servicesindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect 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$157,322 · 0.07%
2024$172,730 · 0.09%
2023$183,850 · 0.11%
2022$213,543 · 0.12%
Same employer
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Withumsmith+Brown PC NJ$326.1M · 0.20%
Agfa Corporation NJ$307.9M · 0.02%
Gibbons P.C. NJ$243.8M · 0.10%
Sapiens Americas Corporation NJ$225.9M · 0.09%
Archer & Greiner, P.C. NJ$215.9M · 0.12%
Ltimindtree Limited NJ$207.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222484310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.