Plan Ledger DOL Form 5500 · updated monthly

Northland Investments, Inc.401(k)

NORTHLAND INVESTMENTS, INC. PROFIT SHARING 401(K) PLAN · HOUGHTON LAKE, MI · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Northland Investments, Inc. reported $46,978 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $70 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 0.65% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (1,842nd of 2,619), and the 760th of 2,240 in accommodation & food services. In 2024, employees put in $6.12 for every $1.00 the employer contributed; active participation has grown from 646 to 926 since 2022.

Plan summary
Net assets, end of year$6,511,559
Participants with balances150
Active participants926
Employer contributions$64,536
Employee contributions$394,650
Employer contribution per active participant$70
Average account balance$43,410
Benefits paid to participants$852,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 150 accts · $65K emplr
2023$6.1M · 133 accts · $59K emplr
2022$5.0M · 135 accts · $58K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,978
Total administrative$46,978
The Northland Investments, Inc. 401(k) match · 2024
Employer contribution per active participant$70
Median for plans this size$1,313
2024$70 per active participant
2023$86 per active participant
2022$89 per active participant

Northland Investments, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
EPIC ADVISORS · Recordkeeping · Loan processing$40,440

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$46,978 · 0.74%
2023$35,037 · 0.63%
2022$35,131 · 0.65%
Same employer
Similar plansAccommodation & Food Services · Michigan
Sundance, Inc. MI$7.2M · 0.63%
Russ' of Holland, Inc. MI$6.9M · 0.61%
Outdoor Adventures, Inc. MI$5.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383175904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.