North Country Business Products, Inc.ESOP
NORTH COUNTRY BUSINESS PRODUCTS ASSOCIATE STOCK OWNERSHIP PLAN · BEMIDJI, MN · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
North Country Business Products, Inc. reported $2,150 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,342 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 0.018% to 0.016%. 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 Minnesota (1,113th of 1,918), and the 2,015th of 5,215 in retail trade.
North Country Business Products, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
This plan has changed recordkeepers within these filings. If you left North Country Business Products, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 410944999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.