Plan Ledger DOL Form 5500 · updated monthly

North Star Community Services,401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTH STAR COMMUNITY SERVICES, INC. · WATERLOO, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

North Star Community Services, reported $930 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $524 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 0.00% to 0.02%. 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 Iowa (694th of 878), and 7,661st of 11,911 in health care & social assistance. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 89 to 99 since 2022.

Plan summary
Net assets, end of year$5,436,101
Participants with balances102
Active participants99
Employer contributions$51,856
Employee contributions$125,960
Employer contribution per active participant$524
Average account balance$53,295
Benefits paid to participants$342,095
Plan auditUnmodified (clean) audit opinion
AuditorLEWIS,KISCH,& ASSOCIATES , LTD
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 102 accts · $52K emplr
2023$5.0M · 105 accts · $56K emplr
2022$5.4M · 138 accts · $63K emplr
The North Star Community Services, 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$1,313
2024$524 per active participant
2023$662 per active participant
2022$710 per active participant

North Star Community Services,'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$930

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$930 · 0.02%
2023$1,340 · 0.03%
2022$222 · 0.00%
Similar plansHealth Care & Social Assistance · Iowa
Tanager Place IA$5.6M · 0.34%
Good Neighbor Society IA$4.9M · 0.96%
New Choices, Inc. IA$4.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421038039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.