Plan Ledger DOL Form 5500 · updated monthly

Northline Utilities, LLC401(k)

NORTHLINE UTILITIES, LLC PROFIT SHARING/401(K) PLAN · AUSABLE FORKS, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Northline Utilities, LLC reported $16,604 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $14,212 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (3,308th of 5,648), and 2,785th of 5,337 in construction. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,145,770
Participants with balances155
Active participants121
Employer contributions$1,719,711
Employee contributions$987,845
Employer contribution per active participant$14,212
Average account balance$78,360
Benefits paid to participants$496,092
Plan auditUnmodified (clean) audit opinion
AuditorBST & CO. CPAS, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,604
Total administrative$16,604
The Northline Utilities, LLC 401(k) match · 2024
Employer contribution per active participant$14,212
Median for plans this size$2,416

Northline Utilities, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS L · Recordkeeping · Loan processing$15,854
TEAL, BECKER & CHIARAMONTE CPAS PC · Recordkeeping · Loan processing$750

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

Administrative cost history1
2024$16,604 · 0.16%
Similar plansConstruction · New York
L. C. Whitford Co., Inc. NY$12.3M · 0.63%
Demco New York Corp. NY$12.1M · 0.72%
Tambe Electric, Inc. NY$12.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202820177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.