Plan Ledger DOL Form 5500 · updated monthly

National Rural Letter Carriers' Association401(k)

NATIONAL RURAL LETTER CARRIERS' ASSOCIATION RETIREMENT PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

National Rural Letter Carriers' Association reported $1,686 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $567 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 fell from 0.08% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,448th of 2,266), and the 996th of 2,534 in administrative & support services. In 2024, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,216,506
Participants with balances378
Active participants367
Employer contributions$208,158
Employee contributions$904,198
Employer contribution per active participant$567
Average account balance$27,028
Benefits paid to participants$1,581,188
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 378 accts · $208K emplr
2023$9.6M · 382 accts · $218K emplr
2022$7.6M · 361 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,686
Total administrative$1,686
The National Rural Letter Carriers' Association 401(k) match · 2024
Employer contribution per active participant$567
Median for plans this size$1,313
2024$567 per active participant
2023$590 per active participant
2022$455 per active participant

National Rural Letter Carriers' Association's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241

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$1,686 · 0.02%
2023$12,920 · 0.15%
2022$6,807 · 0.08%
Similar plansAdministrative & Support Services · Virginia
Haynes Inc. VA$12.4M · 0.05%
Employment Enterprises Inc VA$11.1M · 1.02%
Kr Contracting, Inc. VA$10.9M · 1.24%
Qualx Corporation VA$10.8M · 0.10%
Aeonian LLC VA$10.0M · 0.80%
Verisma Systems, Inc. VA$9.4M · 1.76%
Brothers National, LLC VA$8.9M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 530116149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.