Retirement plan

NACCAS 403(B) PLAN

Name: NATIONAL ACCREDITING COMMISSION OF CAREER ARTS AND SCIENCES, INC. - NACCAS 403(B) PLAN (2024) Form 5500
Creator: NATIONAL ACCREDITING COMMISSION OF CAREER ARTS AND SCIENCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NACCAS 403(B) PLAN, NATIONAL ACCREDITING COMMISSION OF CAREER ARTS AND SCIENCES, INC.

NATIONAL ACCREDITING COMMISSION OF CAREER ARTS AND SCIENCES, INC.EIN 52-0902160Plan #002PY 2024

3015 COLVIN STREET - ALEXANDRIA, VA 223144501703-600-7600LinkedIn1-10 employeeseducation management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+12.1% from 2023

Total participants

-6.3% from 2023

Average account balance

$51,636

+4.1% from 2023

Annual return

12.65%

+4.54 pp from 2023

Benchmarks

See 10,657 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,657 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.49M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$61K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

128.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$226K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.07%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$4023

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2M2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$244K

$7867 / participant

Other / not subdivided$244K100.0%

% of EOY assets

11.245%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,636

$58,275-11.4%

$81,844-36.9%

$80,935-36.2%

Participation rate

90.3%

63.5%+26.9pp

72.4%+17.9pp

67.7%+22.7pp

Annual return

12.65%

41.82%-29.2pp

778.87%-766.2pp

35.66%-23.0pp

Employer contribution / active EE

$4,036

$2,346+72.1%

$2,916+38.4%

$2,757+46.4%

Participant deferral / active EE

$2,808

$3,285-14.5%

$4,323-35.1%

$4,299-34.7%

Admin fee / account holder

$5,806

$4,749+22.3%

$7,355-21.1%

$6,924-16.1%

NACCAS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NACCAS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion