Plan Ledger DOL Form 5500 · updated monthly

National Quality Forum401(k)

NATIONAL QUALITY FORUM 401(K) PLAN · WASHINGTON, DC · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

National Quality Forum reported $5,861 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,145 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 1 year on file its reported administrative ratio rose from 0.06% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (446th of 618), and 1,685th of 3,341 in other services. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,690,670
Participants with balances152
Active participants94
Employer contributions$483,586
Employee contributions$844,414
Employer contribution per active participant$5,145
Average account balance$63,754
Benefits paid to participants$1,970,794
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $204K emplr
2023$9.4M · 132 accts · $292K emplr
2022$9.7M · 152 accts · $484K emplr
The National Quality Forum 401(k) match · 2022
Employer contribution per active participant$5,145
Median for plans this size$2,266
2024$5,094 per active participant
2023$7,307 per active participant
2022$5,145 per active participant

National Quality Forum's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$21,268 · 0.22%
2022$5,861 · 0.06%
Similar plansOther Services · District of Columbia
Parking Management, Inc. DC$10.4M · 1.27%
Dccc DC$9.9M · 0.73%
Hopewell Fund DC$9.7M · 0.37%
First Book DC$9.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522175544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.