Plan Ledger DOL Form 5500 · updated monthly

North Shore Health Centers, Inc401(k)

NORTH SHORE HEALTH CENTERS 401(K) PLAN · PORTAGE, IN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

North Shore Health Centers, Inc reported $32,609 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,863 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 rose from 0.18% to 0.20%. 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 601st-largest of 1,562 plans among Indiana employers on file, and the 3,909th of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 378 to 527 since 2022.

Plan summary
Net assets, end of year$18,363,421
Participants with balances418
Active participants527
Employer contributions$981,953
Employee contributions$1,913,206
Employer contribution per active participant$1,863
Average account balance$43,932
Benefits paid to participants$1,164,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 418 accts · $982K emplr
2023$14.2M · 350 accts · $842K emplr
2022$11.1M · 321 accts · $768K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,609
Total administrative$32,609
The North Shore Health Centers, Inc 401(k) match · 2024
Employer contribution per active participant$1,863
Median for plans this size$2,416
2024$1,863 per active participant
2023$1,923 per active participant
2022$2,032 per active participant

North Shore Health Centers, 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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$23,146
CAPFINANCIAL PARTNERS LLCindirect comp
RETIREMENT PLAN CONCEPTS & SERVICES · Other servicesindirect comp

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$32,609 · 0.20%
2023$21,910 · 0.17%
2022$20,592 · 0.18%
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Source: U.S. Department of Labor, Form 5500 series, EIN 352028588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.