Plan Ledger DOL Form 5500 · updated monthly

North Central Staffing, Inc.401(k)

THE NORTH CENTRAL GROUP RETIREMENT PLAN · MIDDLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

North Central Staffing, Inc. reported $33,064 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $546 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 0.35% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Wisconsin (1,026th of 1,936), and the 395th of 2,240 in accommodation & food services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 491 to 856 since 2022.

Plan summary
Net assets, end of year$15,451,085
Participants with balances199
Active participants856
Employer contributions$467,664
Employee contributions$1,003,702
Employer contribution per active participant$546
Average account balance$77,644
Benefits paid to participants$1,523,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 199 accts · $468K emplr
2023$13.5M · 189 accts · $434K emplr
2022$11.3M · 186 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,745
Investment management$2,319
Total administrative$33,064
The North Central Staffing, Inc. 401(k) match · 2024
Employer contribution per active participant$546
Median for plans this size$2,416
2024$546 per active participant
2023$721 per active participant
2022$822 per active participant

North Central Staffing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$30,745
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$33,064 · 0.23%
2023$32,908 · 0.27%
2022$43,635 · 0.35%
Same employer
Similar plansAccommodation & Food Services · Wisconsin
The Marcus Corporation WI$125.4M · 0.15%
Fsi, Inc. WI$8.8M · 0.19%
Valley Management, Inc. WI$8.3M · 0.50%
Schanock Packerland, LLC WI$8.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463804534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.