Plan Ledger DOL Form 5500 · updated monthly

North Country Health System, Inc.403(b)

NORTH COUNTRY HEALTH SYSTEM, INC. CONTRIBUTORY TAX SHELTERED RETIREMENT PLAN · NEWPORT, VT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

North Country Health System, Inc. reported $133,085 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,030 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 0.22% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 29th-largest of 230 plans among Vermont employers on file, and the 1,385th of 11,911 in health care & social assistance. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,954,361
Participants with balances934
Active participants626
Employer contributions$1,897,018
Employee contributions$3,098,363
Employer contribution per active participant$3,030
Average account balance$79,180
Benefits paid to participants$7,737,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.0M · 934 accts · $1.9M emplr
2023$67.2M · 988 accts · $1.9M emplr
2022$57.2M · 939 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,634
Investment management$82,451
Total administrative$133,085
Employer contributions to the North Country Health System, Inc. plan · 2024
Employer contribution per active participant$3,030
Median for plans this size$3,635
2024$3,030 per active participant
2023$2,920 per active participant
2022$3,195 per active participant

North Country Health System, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$50,634
CAPFINANCIAL PARTNERS, LLC · Consulting · Insurance services$82,451
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$133,085 · 0.19%
2023$119,930 · 0.19%
2022$136,520 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Marathon Health, LLC. VT$81.1M · 0.35%
Gifford Health Care, Inc. VT$74.1M · 0.15%
Copley Health Systems, Inc. VT$51.1M · 0.12%
Brattleboro Retreat VT$43.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030185556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.