Plan Ledger DOL Form 5500 · updated monthly

Navy-Marine Corps Relief Society401(k)

NAVY-MARINE CORPS RELIEF SOCIETY 401(K) SAVINGS PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Navy-Marine Corps Relief Society reported $4,736 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,187 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 0.05% to 0.04%. 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 among the smaller plans on file in Virginia (1,319th of 2,266), and the 1,454th of 3,341 in other services. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 161 to 178 since 2022.

Plan summary
Net assets, end of year$12,494,094
Participants with balances229
Active participants178
Employer contributions$1,101,354
Employee contributions$1,248,028
Employer contribution per active participant$6,187
Average account balance$54,559
Benefits paid to participants$1,692,029
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 229 accts · $1.1M emplr
2023$10.0M · 239 accts · $1.0M emplr
2022$5.6M · 235 accts · $998K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,736
Total administrative$4,736
The Navy-Marine Corps Relief Society 401(k) match · 2024
Employer contribution per active participant$6,187
Median for plans this size$2,416
2024$6,187 per active participant
2023$6,076 per active participant
2022$6,199 per active participant

Navy-Marine Corps Relief Society'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,177
METRO BENEFITS, INC. · Pension consulting · Other servicesindirect comp

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$4,736 · 0.04%
2023$5,692 · 0.07%
2022$2,508 · 0.05%
Same employer
Similar plansOther Services · Virginia
Chemsolv, Inc. VA$12.8M · 0.42%
Mohenis Services, Inc. VA$12.7M · 0.92%
Retail Data, LLC VA$11.7M · 1.02%
Caldwell & Gregory LLC VA$10.4M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 530204618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.