Plan Ledger DOL Form 5500 · updated monthly

North Eastern Services, Inc.401(k)

NORTH EASTERN SERVICES 401(K) PLAN · OREM, UT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

North Eastern Services, Inc. reported $1,820 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $127 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 0.14% to 0.09%. 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 Utah (734th of 848), and 9,812th of 11,911 in health care & social assistance. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 661 to 846 since 2022.

Plan summary
Net assets, end of year$2,285,423
Participants with balances150
Active participants846
Employer contributions$107,523
Employee contributions$313,421
Employer contribution per active participant$127
Average account balance$15,236
Benefits paid to participants$154,539
Plan auditUnmodified (clean) audit opinion
AuditorHINTONBURDICK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 150 accts · $108K emplr
2023$1.7M · 130 accts · $105K emplr
2022$1.1M · 126 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,820
Total administrative$1,820
The North Eastern Services, Inc. 401(k) match · 2024
Employer contribution per active participant$127
Median for plans this size$1,313
2024$127 per active participant
2023$136 per active participant
2022$144 per active participant

North Eastern Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$1,820

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$1,820 · 0.09%
2023$1,335 · 0.09%
2022$1,515 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Blue Mountain Hospital UT$3.0M · 1.00%
Wellquest Living, LLC UT$2.2M · 0.31%
Eluma, LLC UT$2.1M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870652539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.