Plan Ledger DOL Form 5500 · updated monthly

National Safety Council403(b)

NATIONAL SAFETY COUNCIL 403(B) RETIREMENT PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

National Safety Council reported $43,973 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,707 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 0.12% to 0.11%. 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 the 1,033rd-largest of 3,702 plans among Illinois employers on file, and the 505th of 3,341 in other services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,736,839
Participants with balances394
Active participants264
Employer contributions$1,506,688
Employee contributions$2,667,083
Employer contribution per active participant$5,707
Average account balance$108,469
Benefits paid to participants$5,305,888
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.7M · 394 accts · $1.5M emplr
2023$38.0M · 398 accts · $1.5M emplr
2022$31.0M · 383 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,973
Total administrative$43,973
Employer contributions to the National Safety Council plan · 2024
Employer contribution per active participant$5,707
Median for plans this size$2,416
2024$5,707 per active participant
2023$5,737 per active participant
2022$5,447 per active participant

National Safety Council'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,973

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$43,973 · 0.11%
2023$43,300 · 0.13%
2022$41,471 · 0.12%
Same employer
Similar plansOther Services · Illinois
Alliance for Audited Media IL$43.2M · 0.24%
Erie Family Health Center IL$41.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.