Plan Ledger DOL Form 5500 · updated monthly

Northern Rivers Family Services, Inc.401(k)

NORTHERN RIVERS FAMILY SERVICES, INC. AND MEMBER AGENCIES RETIREMENT PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Northern Rivers Family Services, Inc. reported $209,343 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,382 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 0.39% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,184th-largest of 5,648 plans among New York employers on file, and the 1,584th of 11,911 in health care & social assistance. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$61,106,215
Participants with balances2,209
Active participants1,193
Employer contributions$2,842,063
Employee contributions$2,570,737
Employer contribution per active participant$2,382
Average account balance$27,662
Benefits paid to participants$3,983,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.1M · 2,209 accts · $2.8M emplr
2023$53.0M · 2,263 accts · $2.7M emplr
2022$46.7M · 2,087 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,430
Trustee / custodial$142,913
Total administrative$209,343
The Northern Rivers Family Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,382
Median for plans this size$3,635
2024$2,382 per active participant
2023$2,258 per active participant
2022$1,939 per active participant

Northern Rivers Family Services, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processingindirect comp
NBT BANCORP NA · Trustee$209,344
CHARLES SCHWAB TRUST BANK · Custodial (securities)$57

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$209,343 · 0.37%
2023$155,643 · 0.31%
2022$168,092 · 0.39%
Same employer
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Covenant House NY$63.4M · 0.39%
Post Acute Partners, LLC NY$63.1M · 0.19%
Excelsior Orthopaedics LLP NY$63.0M · 0.35%
People, Inc. NY$60.8M · 0.34%
Acld, Inc. NY$59.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460759782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.