National Rural Electric Cooperative Association401(k)
401(K) PENSION PLAN · ARLINGTON, VA · plan year 2024
Reported admin expense ratio · 2024
0.30%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
National Rural Electric Cooperative Association reported $47,332,687 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,449 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 has held roughly steady near 0.30%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 2nd-largest of 2,266 plans among Virginia employers on file, and the 1st of 412 in utilities. In 2024, employees put in $1.76 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$16,717,296,057
Participants with balances79,674
Active participants61,593
Employer contributions$274,033,905
Employee contributions$482,064,975
Employer contribution per active participant$4,449
The National Rural Electric Cooperative Association 401(k) match · 2024
Employer contribution per active participant$4,449
Median for plans this size$5,259
2024$4,449 per active participant
2023$4,151 per active participant
2022$3,794 per active participant
National Rural Electric Cooperative Association's 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 202412
NRECA · Plan administrator · Recordkeeping$26,188,572
Source: U.S. Department of Labor, Form 5500 series, EIN 530116145 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.