Plan Ledger DOL Form 5500 · updated monthly

Northpoint Development, LLC401(k)

NORTHPOINT DEVELOPMENT, LLC 401(K) SAFE HARBOR PLAN · RIVERSIDE, MO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Northpoint Development, LLC reported $253,536 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,735 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 0.53% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 260th-largest of 1,393 plans among Missouri employers on file, and the 192nd of 2,096 in real estate & leasing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,553,814
Participants with balances911
Active participants1,025
Employer contributions$4,852,942
Employee contributions$6,703,354
Employer contribution per active participant$4,735
Average account balance$76,349
Benefits paid to participants$5,971,421
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.6M · 911 accts · $4.9M emplr
2023$54.2M · 1,244 accts · $5.3M emplr
2022$33.2M · 1,121 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$253,536
Total administrative$253,536
The Northpoint Development, LLC 401(k) match · 2024
Employer contribution per active participant$4,735
Median for plans this size$3,635
2024$4,735 per active participant
2023$4,906 per active participant
2022$3,820 per active participant

Northpoint Development, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
ADP, INC. · Recordkeeping · Loan processing$129,924
CETERA INVESTMENT ADVISORS LLC · Recordkeeping · Trustee$105,614
JAMES A. REICHERT · Recordkeeping · Trusteeindirect comp

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$253,536 · 0.41%
2023$229,356 · 0.52%
2022$160,894 · 0.53%
Same employer
Similar plansReal Estate & Leasing · Missouri
The Crawford Group, Inc. MO$6.5B · 0.01%
Drury Hotels Company, LLC MO$117.1M · 0.18%
Equipmentshare.com, Inc. MO$80.3M · 0.33%
Drury Southwest, Inc. MO$30.8M · 0.10%
James B Nutter & Company MO$28.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454405321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.