Plan Ledger DOL Form 5500 · updated monthly

Northfield Retirement Communities, Inc.401(k)

NORTHFIELD RETIREMENT COMMUNITIES, INC. RETIREMENT PLAN · SCOTTSBLUFF, NE · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Northfield Retirement Communities, Inc. reported $5,885 in plan administrative expenses for 2024: 0.75% of average plan assets, below the peer median. Employer contributions averaged $614 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 rose from 0.64% to 0.75%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Nebraska (551st of 565), and 11,048th of 11,911 in health care & social assistance. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 115 to 100 since 2022.

Plan summary
Net assets, end of year$829,808
Participants with balances112
Active participants100
Employer contributions$61,422
Employee contributions$109,555
Employer contribution per active participant$614
Average account balance$7,409
Benefits paid to participants$183,648
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $7K emplr
2024$830K · 112 accts · $61K emplr
2023$749K · 124 accts · $67K emplr
2022$650K · 119 accts · $70K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,885
Total administrative$5,885
The Northfield Retirement Communities, Inc. 401(k) match · 2024
Employer contribution per active participant$614
Median for plans this size$540
2024$614 per active participant
2023$602 per active participant
2022$607 per active participant

Northfield Retirement Communities, Inc.'s 2024 employer contribution ran above the $540 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$5,885
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025Not separately reported
2024$5,885 · 0.75%
2023$5,028 · 0.72%
2022$4,604 · 0.64%
Similar plansHealth Care & Social Assistance · Nebraska
Radical Minds NE$1.7M · 0.15%
Florence Home NE$896K · 1.26%
Lmmc Holdings, LLC NE$458K · 0.73%
Crossmed Healthcare NE$356K · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470538957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.