Plan Ledger DOL Form 5500 · updated monthly

North Country Associates, Inc.401(k)

NORTH COUNTRY ASSOCIATES, INC. 401(K) PLAN · LEWISTON, ME · plan year 2025

Reported admin expense ratio · 2025
1.17%

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

North Country Associates, Inc. reported $78,048 in plan administrative expenses for 2025: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 rose from 0.53% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (250th of 354), and 6,768th of 11,911 in health care & social assistance. active participation has shrunk from 753 to 394 since 2022.

Plan summary
Net assets, end of year$7,211,815
Participants with balances215
Active participants394
Employer contributions$0
Employee contributions$538,407
Employer contribution per active participant$0
Average account balance$33,543
Benefits paid to participants$553,675
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.2M · 215 accts
2024$6.2M · 196 accts
2023$5.8M · 208 accts
2022$5.7M · 221 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$38,574
Investment management$39,474
Total administrative$78,048
The North Country Associates, Inc. 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$1,464

North Country Associates, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ADVISORY GROUP, LLC · Investment management$23,192
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$16,282

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

Administrative cost history4
2025$78,048 · 1.17%
2024$72,227 · 1.21%
2023$31,038 · 0.54%
2022$33,275 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Creative Works ME$7.2M · 0.38%
New Communities, Inc. ME$6.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010414501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.