Plan Ledger DOL Form 5500 · updated monthly

Northern Eagle Beverage Company401(k)

NORTHERN EAGLE BEVERAGE COMPANY 401(K) PLAN · CARLSTADT, NJ · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Northern Eagle Beverage Company reported $42,945 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $34 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 0.53% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,648th of 2,419), and 3,185th of 4,246 in wholesale trade. In 2024, employees put in $100.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,177,833
Participants with balances131
Active participants109
Employer contributions$3,734
Employee contributions$374,523
Employer contribution per active participant$34
Average account balance$62,426
Benefits paid to participants$236,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 131 accts · $4K emplr
2023$6.8M · 122 accts · $152K emplr
2022$6.0M · 129 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,154
Investment management$17,791
Total administrative$42,945
The Northern Eagle Beverage Company 401(k) match · 2024
Employer contribution per active participant$34
Median for plans this size$1,313
2024$34 per active participant
2023$1,510 per active participant
2022$1,525 per active participant

Northern Eagle Beverage Company'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,153
CREATIVE PLANNING, LLC · Investment advisory (plan)$17,788
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
MESIROW FINANCIAL INVESTMENT MANAGE · Investment advisory (participants)indirect 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$42,945 · 0.57%
2023$36,752 · 0.57%
2022$35,311 · 0.53%
Same employer
Similar plansWholesale Trade · New Jersey
Designer Greetings Inc NJ$8.5M · 0.50%
Charmant USA Inc. NJ$8.3M · 0.34%
Grand Bk Corporation NJ$8.2M · 1.19%
Technogym USA Corp NJ$8.2M · 0.18%
Genpro, Inc. NJ$8.1M · 0.91%
Lynnes Nissan City Inc. NJ$8.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223232686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.