Plan Ledger DOL Form 5500 · updated monthly

Northern Tree Service, LLC401(k)

NORTHERN TREE SERVICE, LLC 401(K) RETIREMENT PLAN · PALMER, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Northern Tree Service, LLC reported $10,393 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,079 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 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (1,560th of 2,726), and the 781st of 2,534 in administrative & support services. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,648,465
Participants with balances95
Active participants126
Employer contributions$261,910
Employee contributions$524,111
Employer contribution per active participant$2,079
Average account balance$154,194
Benefits paid to participants$252,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 95 accts · $262K emplr
2023$12.8M · 107 accts · $258K emplr
2022$10.6M · 108 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,700
Total administrative$10,393
The Northern Tree Service, LLC 401(k) match · 2024
Employer contribution per active participant$2,079
Median for plans this size$2,416
2024$2,079 per active participant
2023$2,306 per active participant
2022$2,261 per active participant

Northern Tree Service, LLC'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.

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
AMERICAN FIDUCIARY CORPORATION · Other servicesindirect comp
GLOBAL RETIREMENT PARTNERS LLCindirect 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$10,393 · 0.08%
2023$11,390 · 0.10%
2022$9,987 · 0.09%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
John Galt Staffing, Inc. MA$17.2M · 0.21%
C&W Facility Services, Inc. MA$15.0M · 0.27%
Digipress dba Spire MA$13.6M · 0.29%
Foley Holdings, LLC MA$13.5M · 1.01%
Simspace Corporation MA$13.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851718250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.