Plan Ledger DOL Form 5500 · updated monthly

National Student Clearinghouse401(k)

NATIONAL STUDENT CLEARINGHOUSE 401(K) RETIREMENT PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

National Student Clearinghouse reported $92,492 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $12,338 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 0.16% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 287th-largest of 2,266 plans among Virginia employers on file, and the 531st of 3,091 in educational services. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$99,640,543
Participants with balances465
Active participants371
Employer contributions$4,577,540
Employee contributions$4,365,686
Employer contribution per active participant$12,338
Average account balance$214,281
Benefits paid to participants$9,362,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.6M · 465 accts · $4.6M emplr
2023$86.8M · 475 accts · $4.4M emplr
2022$67.3M · 453 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Investment management$92,492
Total administrative$92,492
The National Student Clearinghouse 401(k) match · 2024
Employer contribution per active participant$12,338
Median for plans this size$3,635
2024$12,338 per active participant
2023$11,538 per active participant
2022$9,842 per active participant

National Student Clearinghouse's 2024 employer contribution ran above the $3,635 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$92,492

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$92,492 · 0.10%
2023$95,225 · 0.12%
2022$116,935 · 0.16%
Same employer
Similar plansEducational Services · Virginia
Hampden-Sydney College VA$117.6M · 0.09%
Collegiate School VA$115.5M · 0.14%
Imagine Schools, Inc. VA$110.9M · 0.10%
Regent University VA$95.0M · 0.01%
Flint Hill School VA$82.3M · 0.05%
Woodberry Forest School VA$77.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521836384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.