Norc, Inc.403(b)
NORC, INC. RETIREMENT PLAN · CHICAGO, IL · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Norc, Inc. reported $185,125 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,771 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 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 277th-largest of 3,702 plans among Illinois employers on file, and the 672nd of 11,654 in professional & technical services. active participation has grown from 2,276 to 3,263 since 2022.
Norc, Inc.'s 2024 employer contribution ran above the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 362167808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.