Plan Ledger DOL Form 5500 · updated monthly

Northeast Kingdom Human Services, Inc.403(b)

NORTHEAST KINGDOM HUMAN SERVICES, INC. TAX DEFERRED ANNUITY PLAN · NEWPORT, VT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Northeast Kingdom Human Services, Inc. reported $49,833 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,937 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 0.15% to 0.19%. 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 69th-largest of 230 plans among Vermont employers on file, and the 2,974th of 11,911 in health care & social assistance. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves; active participation has grown from 453 to 526 since 2022.

Plan summary
Net assets, end of year$27,219,733
Participants with balances784
Active participants526
Employer contributions$1,018,745
Employee contributions$807,551
Employer contribution per active participant$1,937
Average account balance$34,719
Benefits paid to participants$2,379,618
Plan auditDisclaimer of opinion
AuditorKITTELL BRANAGAN & SARGENT
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 784 accts · $1.0M emplr
2023$24.9M · 728 accts
2022$23.5M · 706 accts · $897K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,833
Total administrative$49,833
Employer contributions to the Northeast Kingdom Human Services, Inc. plan · 2024
Employer contribution per active participant$1,937
Median for plans this size$2,416
2024$1,937 per active participant
2022$1,980 per active participant

Northeast Kingdom Human 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 · 20241
TIAA · Recordkeeping · Pension consulting$49,833

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$49,833 · 0.19%
2023$41,621 · 0.17%
2022$38,501 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Springfield Hospital VT$38.7M · 0.15%
Otis Health Care Center VT$26.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030212039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.