Plan Ledger DOL Form 5500 · updated monthly

New Health Programs Association401(k)

NEW HEALTH 401 (K) PLAN · CHEWELAH, WA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

New Health Programs Association reported $21,781 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,993 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 rose from 0.38% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,333rd of 1,714), and 7,767th of 11,911 in health care & social assistance. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 88 to 153 since 2022.

Plan summary
Net assets, end of year$5,250,888
Participants with balances138
Active participants153
Employer contributions$304,878
Employee contributions$560,431
Employer contribution per active participant$1,993
Average account balance$38,050
Benefits paid to participants$453,568
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 138 accts · $305K emplr
2023$4.2M · 132 accts · $278K emplr
2022$3.8M · 132 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,211
Investment management$18,570
Total administrative$21,781
The New Health Programs Association 401(k) match · 2024
Employer contribution per active participant$1,993
Median for plans this size$1,313
2024$1,993 per active participant
2023$1,970 per active participant
2022$2,972 per active participant

New Health Programs Association's 2024 employer contribution ran above the $1,313 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 · 20243
DA DAVIDSON & CO · Investment advisory (plan)$15,191
EMPOWER ADVISORY GROUP, LLC · Investment management$3,379

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

Administrative cost history3
2024$21,781 · 0.46%
2023$24,672 · 0.62%
2022$15,429 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Broughton Dunn PLLC WA$5.3M · 0.72%
Excelsior Wellness WA$5.1M · 0.40%
Family Health Centers WA$5.0M · 0.89%
Skilskin WA$4.8M · 1.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911053847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.