Plan Ledger DOL Form 5500 · updated monthly

National School Boards Association403(b)

NSBA 403(B) PLAN · ALEXANDRIA, VA · plan year 2022

Reported admin expense ratio · 2022
0.41%

National School Boards Association reported $67,199 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. 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 has held roughly steady near 0.39%. 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 Virginia (1,242nd of 2,266), and the 1,358th of 3,341 in other services. In 2022, the employer put in $1.65 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,833,636
Participants with balances0
Active participants0
Employer contributions$494,490
Employee contributions$300,222
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$2,711,601
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$13.7M · 132 accts · $200K emplr
2022$13.8M · $494K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$67,199
Total administrative$67,199
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 history2
2023$54,248 · 0.39%
2022$67,199 · 0.41%
Similar plansOther Services · Virginia
Reston Association VA$14.5M · 0.20%
Chemsolv, Inc. VA$12.8M · 0.42%
Mohenis Services, Inc. VA$12.7M · 0.92%
Retail Data, LLC VA$11.7M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362210015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.