Plan Ledger DOL Form 5500 · updated monthly

Northland Lutheran Retirement403(b)

NORTHLAND LUTHERAN RETIREMENT COMMUNITY 403(B) PLAN · MARINETTE, WI · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Northland Lutheran Retirement reported $30,462 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $516 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,662nd of 1,936), and 8,237th of 11,911 in health care & social assistance. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,469,420
Participants with balances74
Active participants135
Employer contributions$69,672
Employee contributions$139,864
Employer contribution per active participant$516
Average account balance$60,398
Benefits paid to participants$1,167,056
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSE SC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$719
Investment management$29,743
Total administrative$30,462
Employer contributions to the Northland Lutheran Retirement plan · 2022
Employer contribution per active participant$516
Median for plans this size$1,114

Northland Lutheran Retirement's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,462 · 0.56%
Similar plansHealth Care & Social Assistance · Wisconsin
Morrow Memorial Home WI$4.7M · 1.05%
La Causa Inc. WI$4.7M · 0.02%
Namakagon Management LLC WI$4.7M · 0.57%
Congregational Home, Inc. WI$4.2M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391637677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.