# National Electrical Contractors Association, INC. DB Plan
Source: https://planprovider.pro/companies/national-electrical-contractors-association-inc-plan

> National Electrical Contractors Association, INC.'s DB plan: 12 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** National Electrical Contractors Association, INC.

- **Sponsor EIN:** 530115267

- **Sponsor Address:** 1201 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20004

- **Plan Type:** DB

- **Total Participants:** 12

- **Total Assets:** $28.2M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|12|$28.2M|$380,000|$0|

| 2023|13|$29.4M|$0|$0|

| 2022|14|$29.3M|$0|$0|

## 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|

| MCKONLY & ASBURY LLP|Auditor|$17,160|—|$17,160|

### Verified Provider Profiles

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

- [MCKONLY & ASBURY LLP](https://planprovider.pro/provider/mckonly-and-asbury-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $17,160

- **Estimated Expense Ratio:** 0.061% 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|$352,661|$75,162|—|$17,160|—|

| 2023|$386,807|$89,474|—|$16,120|—|

| 2022|$485,270|$105,445|—|—|$368,483|

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