Plan Ledger DOL Form 5500 · updated monthly

Northern Lights Services, Inc.403(b)

NORTHERN LIGHTS SERVICES, INC. 403(B) TAX DEFERRED SAVINGS PROGRAM · WASHBURN, WI · plan year 2022

Reported admin expense ratio · 2022
1.03%

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

Northern Lights Services, Inc. reported $18,358 in plan administrative expenses for 2022: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $351 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,875th of 1,936), and 10,635th of 11,911 in health care & social assistance. In 2022, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,301,344
Participants with balances59
Active participants94
Employer contributions$32,998
Employee contributions$115,566
Employer contribution per active participant$351
Average account balance$22,057
Benefits paid to participants$778,986
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,613
Professional / advisory$9,745
Total administrative$18,358
Employer contributions to the Northern Lights Services, Inc. plan · 2022
Employer contribution per active participant$351
Median for plans this size$1,114

Northern Lights Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,358 · 1.03%
Similar plansHealth Care & Social Assistance · Wisconsin

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390808453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.