Plan Ledger DOL Form 5500 · updated monthly

North East Mobile Health Services, Inc.401(k)

NORTH EAST MOBILE HEALTH SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST · SCARBOROUGH, ME · plan year 2022

Reported admin expense ratio · 2022
1.05%

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

North East Mobile Health Services, Inc. reported $23,391 in plan administrative expenses for 2022: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $275 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (318th of 354), and 10,109th of 11,911 in health care & social assistance. In 2022, employees put in $8.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,937,493
Participants with balances64
Active participants81
Employer contributions$22,270
Employee contributions$183,645
Employer contribution per active participant$275
Average account balance$30,273
Benefits paid to participants$340,120
Plan auditUnmodified (clean) audit opinion
AuditorBBSC, CPA'S
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,391
Total administrative$23,391
The North East Mobile Health Services, Inc. 401(k) match · 2022
Employer contribution per active participant$275
Median for plans this size$1,114

North East Mobile Health Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,391 · 1.05%
Similar plansHealth Care & Social Assistance · Maine
Health Access Network ME$1.6M · 0.28%
Skills, Inc. ME$1.5M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010510285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.