Plan Snapshot
- Plan Sponsor: The National Education Association
- Sponsor EIN: 530115260
- Sponsor Address: 1201 16TH STREET, NW, SUITE 410, WASHINGTON, DC, 200363201
- Plan Type: DB
- Total Participants: 989
- Total Assets: $909.9M
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 | 989 | $909.9M | $37.4M | $2.0M |
| 2023 | 988 | $881.1M | $34.7M | $2.0M |
| 2022 | 969 | $844.6M | $33.6M | $1.7M |
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 |
|---|---|---|---|---|
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | $973,223 | — | $973,223 |
| BAILLIE GIFFORD OVERSEAS LTD | Other Service Provider | $398,302 | — | $398,302 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $370,813 | — | $370,813 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $346,470 | — | $346,470 |
| WELLINGTON MANAGEMENT COMPANY LLP | Other Service Provider | $299,806 | — | $299,806 |
| NEA | Recordkeeper | $253,166 | — | $253,166 |
| BUCK GLOBAL, LLC | Other Service Provider | $213,677 | — | $213,677 |
| JPMORGAN CHASE BANK | Recordkeeper | $208,771 | — | $208,771 |
| WILSHIRE ADVISORS LLC | Recordkeeper | $195,000 | — | $195,000 |
| BLACKROCK INSTITUTIONAL TRUST | Other Service Provider | $108,589 | — | $108,589 |
| CALIBRE CPA GROUP, PLLC | Auditor | $80,000 | — | $80,000 |
| MOONEY GREEN SAINDON MURPHY & WELCH | Other Service Provider | $76,453 | — | $76,453 |
| RHUMBLINE ADVISERS LIMITED PARTNERS | Other Service Provider | $49,244 | — | $49,244 |
| INSIGHT INVESTMENT | Other Service Provider | $5,633 | — | $5,633 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN CHASE BANK — Recordkeeper
- WILSHIRE ADVISORS LLC — Recordkeeper
- 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: $3,579,147
- Estimated Expense Ratio: 0.393% 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 | $4,451,785 | $3,537,734 | — | $80,000 | — |
| 2023 | $4,158,438 | $3,264,241 | — | $80,000 | — |
| 2022 | $3,344,437 | $2,403,355 | — | — | $488,381 |