Plan Ledger DOL Form 5500 · updated monthly

North Country Family Health Center403(b)

NORTH COUNTRY FAMILY HEALTH CENTER 403(B) PLAN · WATERTOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

North Country Family Health Center reported $25,933 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,385 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 0.31% to 0.28%. 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 New York (3,407th of 5,648), and the 5,298th of 11,911 in health care & social assistance. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,476,228
Participants with balances198
Active participants159
Employer contributions$220,147
Employee contributions$831,652
Employer contribution per active participant$1,385
Average account balance$57,961
Benefits paid to participants$636,899
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 198 accts · $220K emplr
2023$7.1M · 184 accts · $170K emplr
2022$5.9M · 190 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,933
Total administrative$25,933
Employer contributions to the North Country Family Health Center plan · 2024
Employer contribution per active participant$1,385
Median for plans this size$1,313
2024$1,385 per active participant
2023$1,224 per active participant
2022$1,067 per active participant

North Country Family Health Center's 2024 employer contribution ran above the $1,313 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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$28,825

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$25,933 · 0.28%
2023$24,206 · 0.37%
2022$18,822 · 0.31%
Similar plansHealth Care & Social Assistance · New York
A & T Healthcare, L.L.C. NY$11.4M · 0.61%
Opengate Inc. NY$11.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161030802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.