Plan Ledger DOL Form 5500 · updated monthly

North Coast Cooperative, Inc.401(k)

NORTH COAST COOPERATIVE, INC. 401(K) PLAN AND TRUST · ARCATA, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

North Coast Cooperative, Inc. reported $47,475 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,130 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,136th of 9,483), and the 2,403rd of 5,215 in retail trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has shrunk from 151 to 100 since 2022.

Plan summary
Net assets, end of year$11,269,326
Participants with balances123
Active participants100
Employer contributions$213,016
Employee contributions$313,053
Employer contribution per active participant$2,130
Average account balance$91,621
Benefits paid to participants$544,921
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPA'S, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 123 accts · $213K emplr
2023$10.7M · 125 accts · $213K emplr
2022$9.2M · 127 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,538
Investment management$15,937
Total administrative$47,475
The North Coast Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$2,130
Median for plans this size$2,416
2024$2,130 per active participant
2023$2,293 per active participant
2022$1,381 per active participant

North Coast Cooperative, Inc.'s 2024 employer contribution ran below 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$47,475

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$47,475 · 0.43%
2023$42,050 · 0.42%
2022$41,193 · 0.44%
Same employer
Similar plansRetail Trade · California
Central Valley Automotive CA$11.4M · 0.70%
Rogers Jewelry Company CA$11.4M · 0.37%
Thrive Market, Inc. CA$11.4M · 0.79%
Fashionphile Group, LLC CA$11.1M · 0.95%
Interstate Oil Co. CA$11.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942227181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.