Plan Snapshot
- Plan Sponsor: National Telecommunications Cooperative Association
- Sponsor EIN: 520741336
- Sponsor Address: 4121 WILSON BLVD., ARLINGTON, VA, 22203
- Plan Type: 401(k)
- Total Participants: 23,584
- Total Assets: $3.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 23,584 | $3.4B | $76.9M | $109.8M |
| 2023 | 23,134 | $3.0B | $68.8M | $101.8M |
| 2022 | 22,270 | $2.6B | $65.8M | $99.0M |
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 |
|---|---|---|---|---|
| SERVICES MANAGEMENT CORPORATION | SUBSIDIARY OF NTCA | $2,336,400 | — | $2,336,400 |
| J.P. MORGAN INVESTMENT MANAGEMENT I | NONE | $647,767 | — | $647,767 |
| GROOM LAW GROUP | NONE | $249,069 | — | $249,069 |
| TELCOM INSURANCE GROUP | NONE | $147,427 | — | $147,427 |
| BLACKROCK INSTITUTIONAL TRUST CO | NONE | $95,623 | — | $95,623 |
| WILSHIRE ASSOCIATES | NONE | $52,740 | — | $52,740 |
| CLARK COMMUNICATIONS | NONE | $44,608 | — | $44,608 |
| FORVIS MAZARS, LLP | NONE | $34,382 | — | $34,382 |
| TRUSTEE #1 | TRUSTEE | $5,058 | — | $5,058 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT MANAGEMENT I — NONE
- GROOM LAW GROUP — NONE
- WILSHIRE ASSOCIATES — NONE
- FORVIS MAZARS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,613,074
- Estimated Expense Ratio: 0.108% 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 | $3,523,675 | $187,361 | $2,336,400 | $34,382 | — |
| 2023 | $3,662,536 | $52,422 | $2,111,210 | $30,165 | — |
| 2022 | $3,097,760 | $51,266 | $1,945,816 | — | $133,544 |