Plan Ledger DOL Form 5500 · updated monthly

Northern California Institute for Research and Education403(b)

NORTHERN CALIFORNIA INSTITUTE FOR RESEARCH AND EDUCATION 403(B) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Northern California Institute for Research and Education reported $94,972 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,028 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 0.42% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,507th-largest of 9,483 plans among California employers on file, and the 3,889th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 227 to 254 since 2022.

Plan summary
Net assets, end of year$32,754,573
Participants with balances384
Active participants254
Employer contributions$769,013
Employee contributions$1,668,073
Employer contribution per active participant$3,028
Average account balance$85,298
Benefits paid to participants$2,107,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 384 accts · $769K emplr
2023$28.4M · 384 accts · $747K emplr
2022$22.0M · 362 accts · $682K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,972
Total administrative$94,972
Employer contributions to the Northern California Institute for Research and Education plan · 2024
Employer contribution per active participant$3,028
Median for plans this size$2,416
2024$3,028 per active participant
2023$3,010 per active participant
2022$3,005 per active participant

Northern California Institute for Research and Education's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$94,972
CEDAR MOUNTAIN INVESTORS · Investment advisory (participants)$19,764

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$94,972 · 0.31%
2023$105,631 · 0.42%
2022$99,675 · 0.42%
All plans at this employer2
NORTHERN CALIFORNIA INSTITUTE FOR RESEARCH AND EDUCATION DEFINEDProfit-sharing plan
NORTHERN CALIFORNIA INSTITUTE FOR RESEARCH AND EDUCATION 403(B) PLAN403(b)
Same employer
Similar plansProfessional & Technical Services · California
Nna Services, LLC CA$33.1M · 0.18%
Upstanding, LLC CA$32.8M · 0.26%
Bbam US LP CA$32.6M · 0.21%
Signifyd, Inc. CA$32.6M · 0.02%
Sugarcrm Inc. CA$32.4M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943084159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.