Plan Ledger DOL Form 5500 · updated monthly

National Telecommunications Cooperative Association401(k)

SAVINGS PLAN FOR EMPLOYEES OF NTCA AND ITS MEMBERS · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

National Telecommunications Cooperative Association reported $3,523,675 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,259 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 0.111%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 18th-largest of 2,266 plans among Virginia employers on file, and the 24th of 2,199 in information & media. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,356,541,685
Participants with balances23,709
Active participants23,584
Employer contributions$76,857,104
Employee contributions$109,844,350
Employer contribution per active participant$3,259
Average account balance$141,572
Benefits paid to participants$235,345,093
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4B · 23,709 accts · $76.9M emplr
2023$3.0B · 23,322 accts · $68.8M emplr
2022$2.6B · 22,792 accts · $65.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,336,400
Investment management$187,361
Audit (IQPA)$34,382
Total administrative$3,523,675
The National Telecommunications Cooperative Association 401(k) match · 2024
Employer contribution per active participant$3,259
Median for plans this size$5,259
2024$3,259 per active participant
2023$2,972 per active participant
2022$2,954 per active participant

National Telecommunications 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 · 202410
FIDELITY · Investment management · Investment advisory (plan)indirect comp
SERVICES MANAGEMENT CORPORATION · Contract administrator$2,336,400
J.P. MORGAN INVESTMENT MANAGEMENT I · Investment management · Investment advisory (plan)$647,767
GROOM LAW GROUP · Legal$249,069
TELCOM INSURANCE GROUP · Insurance services$147,427
BLACKROCK INSTITUTIONAL TRUST CO · Trustee · Trustee (discretionary)$95,623
WILSHIRE ASSOCIATES · Investment advisory (plan)$52,740
CLARK COMMUNICATIONS$44,608
FORVIS MAZARS, LLP · Accounting / audit$34,382
TRUSTEE #1 · Trustee$5,058

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,523,675 · 0.11%
2023$3,662,536 · 0.13%
2022$3,097,760 · 0.11%
Same employer
Similar plansInformation & Media · Virginia
Relx Inc. NY$4.8B · 0.05%
Ericsson Inc. TX$3.8B · 0.12%
Nc Transaction, Inc. NY$3.7B · 0.04%
Gartner, Inc. CT$2.7B · 0.04%
Fox Corporation NY$2.5B · 0.02%
Bellsouth, LLC TX$2.5B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520741336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.