Plan Ledger DOL Form 5500 · updated monthly

Northern Pines Mental Health Center, Inc.401(k)

NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST · LITTLE FALLS, MN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Northern Pines Mental Health Center, Inc. reported $47,944 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,061 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 3 years on file its reported administrative ratio has held roughly steady near 0.556%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,336th of 1,918), and the 5,896th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,415,214
Participants with balances274
Active participants227
Employer contributions$467,776
Employee contributions$819,963
Employer contribution per active participant$2,061
Average account balance$34,362
Benefits paid to participants$863,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 274 accts · $468K emplr
2023$7.8M · 281 accts · $406K emplr
2022$6.3M · 249 accts · $340K emplr
The Northern Pines Mental Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,061
Median for plans this size$1,313
2024$2,061 per active participant
2023$1,788 per active participant
2022$1,602 per active participant

Northern Pines Mental Health Center, Inc.'s 2024 employer contribution ran above the $1,313 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
COMMONWEALTH FINANCIAL NETWORK · Consulting · Investment advisory (participants)$21,746
TAX SHELTERED COMPENSATION, INC. · Contract administrator$20,230

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$47,944 · 0.56%
2023$40,263 · 0.57%
2022$37,840 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Catholic Eldercare, Inc. MN$9.3M · 0.59%
Cps Puerto Rico, Inc. MN$9.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410875464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.