Plan Ledger DOL Form 5500 · updated monthly

Northern Habilitative Services, Inc. of ChisholmESOP

NORTHERN HABILITATIVE SERVICES EMPLOYEE STOCK OWNERSHIP PLAN · CHISHOLM, MN · plan year 2024

Employer contribution per participant · 2024
$2,010

Northern Habilitative Services, Inc. of Chisholm's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $14,628,571 across 188 participant accounts, with employer contributions averaging $2,010 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Minnesota (1,087th of 1,918), and the 4,571st of 11,911 in health care & social assistance. active participation has grown from 148 to 163 since 2022.

Plan summary
Net assets, end of year$14,628,571
Participants with balances188
Active participants163
Employer contributions$327,698
Employee contributions—
Employer contribution per active participant$2,010
Average account balance$77,812
Benefits paid to participants$129,429
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 188 accts · $328K emplr
2023$10.5M · 188 accts · $186K emplr
2022$7.2M · 176 accts · $105K emplr
Employer contributions to the Northern Habilitative Services, Inc. of Chisholm plan · 2024
Employer contribution per active participant$2,010
Median for plans this size$2,416
2024$2,010 per active participant
2023$1,144 per active participant
2022$708 per active participant

Northern Habilitative Services, Inc. of Chisholm'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
NORTHERN HABILITATIVE SERVICES, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
NORTHERN HABILITATIVE SERVICES EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansHealth Care & Social Assistance · Minnesota
Creekside Companies, Inc. MN$15.2M · 0.48%
Opportunity Partners, Inc. MN$15.0M · 0.45%
Rise, Inc. MN$15.0M · 0.04%
Acr Homes, Inc. MN$14.9M · 0.67%
Sholom Community Alliance MN$14.3M · 0.52%
Mainsl Services, Inc. MN$14.3M · 0.57%
Apple Tree Dental MN$14.3M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411635304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.