Plan Snapshot
- Plan Sponsor: National Telecommunications Cooperative Association
- Sponsor EIN: 520741336
- Sponsor Address: 4121 WILSON BLVD, ARLINGTON, VA, 222031801
- Plan Type: DB
- Plan Number: 333
- Total Participants: 9,544
- Total Assets: $2.5B
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 | 9,544 | $2.5B | $170.9M | $27.9M |
| 2023 | 9,988 | $2.3B | $150.0M | $25.5M |
| 2022 | 10,052 | $2.2B | $125.0M | $24.3M |
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 | Other Service Provider | $3,595,500 | — | $3,595,500 |
| TELCOM INSURANCE GROUP | Other Service Provider | $1,416,156 | — | $1,416,156 |
| WILLIS TOWERS WATSON | Recordkeeper | $1,293,273 | — | $1,293,273 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $362,503 | — | $362,503 |
| GROOM LAW GROUP | ERISA Attorney | $278,413 | — | $278,413 |
| WILSHIRE | Recordkeeper | $142,819 | — | $142,819 |
| FORVIS MAZARS, LLP | Other Service Provider | $46,899 | — | $46,899 |
| CLARK'S PRINTING SERVICE | Other Service Provider | $33,497 | — | $33,497 |
| INSTITUTIONAL INVESTMENT CONSULTING | Other Service Provider | $20,000 | — | $20,000 |
| BANK OF AMERICA | Other Service Provider | $8,457 | — | $8,457 |
| TRUSTEE #1 | Custodian / Trustee | $5,058 | — | $5,058 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — Recordkeeper
- GROOM LAW GROUP — ERISA Attorney
- WILSHIRE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,202,575
- Estimated Expense Ratio: 0.286% 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 | $6,250,310 | $162,819 | $3,595,500 | $46,899 | — |
| 2023 | $6,706,271 | $142,392 | $3,093,740 | $46,575 | — |
| 2022 | $6,120,549 | $140,067 | $3,113,210 | — | $1,211,510 |