Plan Ledger DOL Form 5500 · updated monthly

North Hudson Community Action Corporation403(b)

NORTH HUDSON COMMUNITY ACTION CORPORATION TAX DEFERRED ANNUITY · UNION CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.30%

North Hudson Community Action Corporation reported $58,507 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,068th-largest of 2,419 plans among New Jersey employers on file, and the 3,633rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$20,497,304
Participants with balances648
Active participants724
Employer contributions—
Employee contributions$1,150,149
Employer contribution per active participant—
Average account balance$31,632
Benefits paid to participants$1,351,115
Plan auditUnmodified (clean) audit opinion
AuditorROBERT MCNINCH, PARTNER
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 648 accts
2023$18.5M · 688 accts · $308K emplr
2022$15.5M · 332 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,507
Total administrative$58,507
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
LINCOLN NATIONAL CORPORATION · Contract administrator$58,507

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

Administrative cost history3
2024$58,507 · 0.30%
2023$49,745 · 0.29%
2022$50,692 · 0.29%
Similar plansHealth Care & Social Assistance · New Jersey
Autumn Lake Healthcare LLC NJ$21.4M · 0.23%
Community Health Care, Inc NJ$21.2M · 0.74%
Jewish Home Family, Inc. NJ$19.8M · 0.42%
Caring, Inc. NJ$19.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221818699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.