Plan Ledger DOL Form 5500 · updated monthly

Northland Control Systems, Inc.401(k)

NORTHLAND CONTROL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Northland Control Systems, Inc. reported $66,318 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,080 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 0.43% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,415th-largest of 9,483 plans among California employers on file, and 6,603rd of 11,654 in professional & technical services. In 2024, employees put in $4.06 for every $1.00 the employer contributed; active participation has shrunk from 197 to 149 since 2022.

Plan summary
Net assets, end of year$14,827,468
Participants with balances233
Active participants149
Employer contributions$309,993
Employee contributions$1,259,590
Employer contribution per active participant$2,080
Average account balance$63,637
Benefits paid to participants$2,787,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 233 accts · $310K emplr
2023$14.0M · 246 accts · $331K emplr
2022$11.8M · 275 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,255
Investment management$35,063
Total administrative$66,318
The Northland Control Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,080
Median for plans this size$2,416
2024$2,080 per active participant
2023$2,082 per active participant
2022$1,522 per active participant

Northland Control Systems, Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,255
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,138
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,768
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$7,156

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$66,318 · 0.46%
2023$60,359 · 0.47%
2022$52,104 · 0.43%
Same employer
Similar plansProfessional & Technical Services · California
Edtec Inc. CA$15.0M · 0.03%
Syapse, Inc. CA$14.9M · 0.13%
Ceva, Inc. CA$14.8M · 0.13%
Path Ccm, Inc. CA$14.7M · 0.09%
Recharge Inc. CA$14.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943286369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.