# National Association Of Boards Of Pharmacy 401(k) Plan
Source: https://planprovider.pro/companies/national-association-of-boards-of-pharmacy-401k-plan

> National Association Of Boards Of Pharmacy&#39;s 401(k) plan: 172 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** National Association Of Boards Of Pharmacy

- **Sponsor EIN:** 361520565

- **Sponsor Address:** 1600 FEEHANVILLE DRIVE, MOUNT PROSPECT, IL, 60056

- **Plan Type:** 401(k)

- **Total Participants:** 172

- **Total Assets:** $41.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|172|$41.7M|$1.8M|$1.6M|

| 2023|177|$39.3M|$1.8M|$1.5M|

| 2022|168|$34.2M|$1.6M|$1.4M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$200,363|—|$200,363|

| ALERA INVESTMENT ADVISORS, LLC|INVESTMENT ADVISORY|—|$76,345|$76,345|

| CALIBRE CPA, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALERA INVESTMENT ADVISORS, LLC](https://planprovider.pro/provider/alera-investment-advisors-llc) — INVESTMENT ADVISORY

- [CALIBRE CPA, PLLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $276,708

- **Estimated Expense Ratio:** 0.664% 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|$200,363|—|$200,363|—|—|

| 2023|$164,627|—|$164,627|—|—|

| 2022|$4,389|—|$4,389|—|—|

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