Plan Ledger DOL Form 5500 · updated monthly

North, Inc.403(b)

NORTH, INC. EMPLOYEE SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

North, Inc. reported $42,206 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,195 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 9 years on file its reported administrative ratio fell from 1.33% to 0.68%. 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 Pennsylvania (2,707th of 3,651), and 7,176th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 80 to 178 since 2015.

Plan summary
Net assets, end of year$6,359,023
Participants with balances158
Active participants178
Employer contributions$212,761
Employee contributions$249,541
Employer contribution per active participant$1,195
Average account balance$40,247
Benefits paid to participants$937,574
Plan auditUnmodified (clean) audit opinion
Plan history8
Yearassets · accounts · employer contribution
2024$6.4M · 158 accts · $213K emplr
2023$6.1M · 153 accts · $1.2M emplr
2022$4.6M · 149 accts · $1.3M emplr
2019$2.7M · 143 accts · $617K emplr
2018$2.1M · 101 accts · $376K emplr
2017$1.6M · $42K emplr
2016$1.4M · 94 accts · $40K emplr
2015$1.4M · 92 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,176
Investment management$19,030
Total administrative$42,206
Employer contributions to the North, Inc. plan · 2024
Employer contribution per active participant$1,195
Median for plans this size$1,313
2024$1,195 per active participant
2023$7,921 per active participant
2022$8,264 per active participant
2019$3,589 per active participant
2018$2,726 per active participant

North, Inc.'s 2024 employer contribution ran below 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 · 20242
EMPLOYEE FIDUCIARY · Recordkeeping$23,176
SUMMIT GROUP RETIREMENT PLANNERS · Investment advisory (plan)$19,030

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

Recordkeeper by year2
2024EMPLOYEE FIDUCIARY
2023EMPLOYEE FIDUCIARY

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

Administrative cost history8
2024$42,206 · 0.68%
2023$38,369 · 0.72%
2022$34,559 · 0.83%
2019$24,128 · 1.01%
2018$22,906 · 1.24%
2017$20,465 · 1.32%
2016$18,912 · 1.35%
2015$17,859 · 1.33%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Firetree LTD. PA$6.5M · 0.05%
Adsc Holdings, Inc. PA$6.3M · 0.82%
Child Development, Inc. PA$6.3M · 0.05%
Homestead Village, Inc PA$6.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237399017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.