Plan Snapshot
- Plan Sponsor: National Association For The Advancement Of Colored People
- Sponsor EIN: 131084135
- Sponsor Address: 4805 MT. HOPE DR, BALTIMORE, MD, 212153206
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 184 | $13.1M | $842,178 | $846,249 |
| 2023 | 148 | $11.0M | $752,300 | $733,731 |
| 2022 | 138 | $8.7M | $644,215 | $692,992 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE CO. | RECORDKEEPER | $33,570 | — | $33,570 |
| MERRILL LYNCH - EPS | RIA | $18,032 | — | $18,032 |
| MERRILL LYNCH - FAS | RIA | $18,032 | — | $18,032 |
| BERT SMITH & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO. — RECORDKEEPER
- BERT SMITH & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,634
- Estimated Expense Ratio: 0.532% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $90,967 | — | — | — | — |
| 2023 | $71,088 | — | — | — | — |
| 2022 | $62,175 | — | — | — | $62,175 |