Plan Ledger DOL Form 5500 · updated monthly

Harbor Homes, Inc.401(k)

HARBOR HOMES, INC. 401(K) PLAN · NASHUA, NH · plan year 2024

Reported admin expense ratio · 2024
0.48%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Harbor Homes, Inc. reported $48,960 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,939 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.55% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Hampshire (254th of 411), and the 5,459th of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has shrunk from 296 to 218 since 2022.

Plan summary
Net assets, end of year$10,861,384
Participants with balances166
Active participants218
Employer contributions$640,623
Employee contributions$863,764
Employer contribution per active participant$2,939
Average account balance$65,430
Benefits paid to participants$1,194,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 166 accts · $641K emplr
2023$9.4M · 181 accts · $652K emplr
2022$8.1M · 175 accts · $625K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,838
Investment management$21,122
Total administrative$48,960
The Harbor Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$2,939
Median for plans this size$2,416
2024$2,939 per active participant
2023$2,671 per active participant
2022$2,111 per active participant

Harbor Homes, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
BENEFIT PLAN ADMIN SERVICES INC. · Investment advisory (participants) · Recordkeeping$27,838
GUIDANCE POINT RETIREMENT SERVICES · Investment advisory (plan) · Investment management$21,122

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLAN ADMIN SERVICES INC.
2023BENEFIT PLAN ADMIN SERVICES INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,960 · 0.48%
2023$43,808 · 0.50%
2022$39,583 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
Amoskeag Health NH$12.3M · 0.01%
Cornerstone Vna NH$10.9M · 0.76%
Mid-State Health Center NH$10.2M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020351932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.