Plan Ledger DOL Form 5500 · updated monthly

Nonotuck Resource Associates, Inc.401(k)

NONOTUCK RESOURCE ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · NORTHAMPTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Nonotuck Resource Associates, Inc. reported $37,805 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $482 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 0.46% to 0.51%. 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 Massachusetts (2,025th of 2,726), and 6,332nd of 11,911 in health care & social assistance. In 2024, employees put in $6.91 for every $1.00 the employer contributed; active participation has grown from 148 to 273 since 2022.

Plan summary
Net assets, end of year$8,292,821
Participants with balances278
Active participants273
Employer contributions$131,547
Employee contributions$908,561
Employer contribution per active participant$482
Average account balance$29,830
Benefits paid to participants$415,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 278 accts · $132K emplr
2023$6.4M · 187 accts · $102K emplr
2022$5.2M · 169 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,805
Total administrative$37,805
The Nonotuck Resource Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$482
Median for plans this size$1,313
2024$482 per active participant
2023$627 per active participant
2022$595 per active participant

Nonotuck Resource Associates, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$4,192
HERITAGE BENEFIT CONSULTANTS INC. · Contract administrator$3,400
NYLIFE SECURITES, LLCindirect comp

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$37,805 · 0.51%
2023$27,634 · 0.47%
2022$21,595 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
People, Incorporated MA$8.6M · 0.03%
Lifeworks, Inc. MA$8.3M · 0.02%
Gosnold, Inc. MA$8.3M · 0.88%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042510006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.