Plan Ledger DOL Form 5500 · updated monthly

Northland Counseling Center, Inc.403(b)

NORTHLAND COUNSELING CENTER, INC.403(B) PLAN · GRAND RAPIDS, MN · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Northland Counseling Center, Inc. reported $34,662 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $828 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 0.82% to 0.76%. 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 (1,591st of 1,918), and 7,893rd of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 246 to 284 since 2022.

Plan summary
Net assets, end of year$5,030,811
Participants with balances145
Active participants284
Employer contributions$235,214
Employee contributions$424,271
Employer contribution per active participant$828
Average account balance$34,695
Benefits paid to participants$205,483
Plan auditDisclaimer of opinion
AuditorSHOLOM BLAKE
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 145 accts · $235K emplr
2023$4.1M · 136 accts · $221K emplr
2022$3.4M · 132 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,662
Total administrative$34,662
Employer contributions to the Northland Counseling Center, Inc. plan · 2024
Employer contribution per active participant$828
Median for plans this size$1,313
2024$828 per active participant
2023$825 per active participant
2022$398 per active participant

Northland Counseling Center, Inc.'s 2024 employer contribution ran below 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
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Consulting$29,097
IMPACT RETIREMENT ADVISORS · Investment advisory (plan) · Named fiduciary$5,316

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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

Administrative cost history3
2024$34,662 · 0.76%
2023$26,889 · 0.72%
2022$28,967 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
New Challenges, Inc. MN$5.2M · 1.04%
Semcac MN$5.0M · 0.28%
Accra Care MN$5.0M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 410859738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.