Plan Ledger DOL Form 5500 · updated monthly

North Metro Community Services Inc.401(k)

NORTH METRO COMMUNITY SERVICES INC. 401K PLAN · WESTMINSTER, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

North Metro Community Services Inc. reported $6,985 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,550 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 0.07% to 0.06%. 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 717th-largest of 1,461 plans among Colorado employers on file, and the 5,110th of 11,911 in health care & social assistance. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 407 to 340 since 2022.

Plan summary
Net assets, end of year$12,155,325
Participants with balances308
Active participants340
Employer contributions$527,107
Employee contributions$487,015
Employer contribution per active participant$1,550
Average account balance$39,465
Benefits paid to participants$1,345,588
Plan auditUnmodified (clean) audit opinion
AuditorJDS PROFESSIONAL GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 308 accts · $527K emplr
2023$11.0M · 312 accts · $458K emplr
2022$9.8M · 339 accts · $487K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,491
Investment management$5,494
Total administrative$6,985
The North Metro Community Services Inc. 401(k) match · 2024
Employer contribution per active participant$1,550
Median for plans this size$2,416
2024$1,550 per active participant
2023$1,305 per active participant
2022$1,196 per active participant

North Metro Community Services Inc.'s 2024 employer contribution ran below the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,016
RT JONES CAPITAL EQUITIES MGMT INC · Investment advisory (participants) · Investment advisory (plan)$5,494

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$6,985 · 0.06%
2023$8,208 · 0.08%
2022$6,030 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Onpoint Medical Group, LLC CO$12.7M · 0.74%
Frasier Meadows Manor, Inc. CO$12.3M · 0.55%
Every Child Pediatrics CO$11.5M · 0.73%
Colorado West Inc. CO$11.0M · 0.41%
Family Care Center, PLLC CO$10.4M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840534757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.