Plan Ledger DOL Form 5500 · updated monthly

National College of Business & Technology Company, Inc.401(k)

NATIONAL UNIVERSITY COLLEGE 401(K) PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

National College of Business & Technology Company, Inc. reported $8,441 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $397 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 rose from 0.29% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in PR (238th of 323), and 2,822nd of 3,091 in educational services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 302 to 518 since 2022.

Plan summary
Net assets, end of year$2,274,960
Participants with balances266
Active participants518
Employer contributions$205,849
Employee contributions$461,218
Employer contribution per active participant$397
Average account balance$8,552
Benefits paid to participants$156,022
Plan auditUnmodified (clean) audit opinion
AuditorKEVANE GRANT THORNTON
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 266 accts · $206K emplr
2023$1.6M · 226 accts · $177K emplr
2022$929K · 195 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,441
Total administrative$8,441
The National College of Business & Technology Company, Inc. 401(k) match · 2024
Employer contribution per active participant$397
Median for plans this size$1,313
2024$397 per active participant
2023$444 per active participant
2022$448 per active participant

National College of Business & Technology Company, Inc.'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
ASCENSUS LLC · Loan processing · Recordkeeping$8,441

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$8,441 · 0.44%
2023$4,089 · 0.33%
2022$2,655 · 0.29%
Same employer
Similar plansEducational Services · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 660394377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.