Plan Ledger DOL Form 5500 · updated monthly

Northeast Center for Youth and Families, Inc.DC plan

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. · EASTHAMPTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Northeast Center for Youth and Families, Inc. reported $13,900 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,122 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 0.21% to 0.34%. 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 Massachusetts (2,379th of 2,726), and 8,340th of 11,911 in health care & social assistance. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has shrunk from 81 to 62 since 2022.

Plan summary
Net assets, end of year$4,298,554
Participants with balances182
Active participants62
Employer contributions$69,564
Employee contributions$169,793
Employer contribution per active participant$1,122
Average account balance$23,618
Benefits paid to participants$311,413
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 182 accts · $70K emplr
2023$3.9M · 265 accts · $65K emplr
2022$3.4M · 241 accts · $22K emplr
Employer contributions to the Northeast Center for Youth and Families, Inc. plan · 2024
Employer contribution per active participant$1,122
Median for plans this size$1,313
2024$1,122 per active participant
2023$797 per active participant
2022$276 per active participant

Northeast Center for Youth and Families, 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
COMMONWEALTH FINANCIAL NETWORKindirect comp
THE ANGELL PENSION GROUP, INC. · Contract administrator · 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$13,900 · 0.34%
2023$2,445 · 0.07%
2022$6,680 · 0.21%
Similar plansHealth Care & Social Assistance · Massachusetts
Able Home Care, LLC MA$4.3M · 0.48%
Pathways Healthcare, LLC MA$4.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042680339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.