Plan Ledger DOL Form 5500 · updated monthly

North Star Consultants, Inc.401(k)

NORTH STAR RESOURCE GROUP SALARY SAVINGS PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

North Star Consultants, Inc. reported $9,682 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,422 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 3 years on file its reported administrative ratio fell from 0.07% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 660th-largest of 1,918 plans among Minnesota employers on file, and the 2,310th of 4,798 in finance & insurance. In 2025, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 181 to 206 since 2022.

Plan summary
Net assets, end of year$32,197,107
Participants with balances264
Active participants206
Employer contributions$498,894
Employee contributions$1,602,606
Employer contribution per active participant$2,422
Average account balance$121,959
Benefits paid to participants$1,525,363
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$32.2M · 264 accts · $499K emplr
2024$27.4M · 265 accts · $520K emplr
2023$23.2M · 258 accts · $502K emplr
2022$17.8M · 261 accts · $437K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,682
Total administrative$9,682
The North Star Consultants, Inc. 401(k) match · 2025
Employer contribution per active participant$2,422
Median for plans this size$2,666
2025$2,422 per active participant
2024$2,668 per active participant
2023$2,741 per active participant
2022$2,415 per active participant

North Star Consultants, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$39,233

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

Recordkeeper by year3
2025The Standard
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left North Star Consultants, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$9,682 · 0.03%
2024$13,556 · 0.05%
2023$12,584 · 0.06%
2022$14,211 · 0.07%
Same employer
Similar plansFinance & Insurance · Minnesota
Constellation, Inc. MN$34.5M · 0.03%
Home Federal Savings Bank MN$33.3M · 0.21%
Trean Corporation MN$30.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410948436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.