Plan Ledger DOL Form 5500 · updated monthly

Northeastern Center, Inc.401(k)

NORTHEASTERN CENTER, INC. RETIREMENT PLAN · KENDALLVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Northeastern Center, Inc. reported $2,150 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,428 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 fell from 0.06% to 0.02%. 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 among the smaller plans on file in Indiana (788th of 1,562), and the 4,951st of 11,911 in health care & social assistance. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,821,250
Participants with balances403
Active participants167
Employer contributions$405,494
Employee contributions$336,571
Employer contribution per active participant$2,428
Average account balance$31,815
Benefits paid to participants$1,052,324
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 403 accts · $405K emplr
2023$11.8M · 369 accts · $441K emplr
2022$11.4M · 372 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,150
Total administrative$2,150
The Northeastern Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,428
Median for plans this size$2,416
2024$2,428 per active participant
2023$2,920 per active participant
2022$2,085 per active participant

Northeastern Center, Inc.'s 2024 employer contribution ran above 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 · 20242
ASCENSUS$1,275
RETIREMENT PLAN CONCEPTS & SVC INC. · Custodial$875

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$2,150 · 0.02%
2023$7,663 · 0.07%
2022$7,145 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Damar Services Inc. IN$13.7M · 0.21%
New Hope of Indiana, Inc. IN$13.3M · 0.41%
Hopebridge, LLC IN$12.1M · 1.06%
Golden Living Centers IN$12.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351403134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.