Plan Ledger DOL Form 5500 · updated monthly

Northpoint Recovery Holdings LLC401(k)

NORTHPOINT RECOVERY HOLDINGS PROFIT SHARING/401(K) PLAN · MERIDIAN, ID · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Northpoint Recovery Holdings LLC reported $16,197 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $241 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 1.42% to 0.70%. 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 Idaho (281st of 349), and 9,560th of 11,911 in health care & social assistance. In 2024, employees put in $5.00 for every $1.00 the employer contributed; active participation has grown from 289 to 353 since 2022.

Plan summary
Net assets, end of year$2,593,221
Participants with balances142
Active participants353
Employer contributions$85,144
Employee contributions$425,981
Employer contribution per active participant$241
Average account balance$18,262
Benefits paid to participants$334,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 142 accts · $85K emplr
2023$2.1M · 142 accts · $145K emplr
2022$1.5M · 136 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,197
Total administrative$16,197
The Northpoint Recovery Holdings LLC 401(k) match · 2024
Employer contribution per active participant$241
Median for plans this size$1,313
2024$241 per active participant
2023$1,612 per active participant
2022$453 per active participant

Northpoint Recovery Holdings LLC'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.

Administrative cost history3
2024$16,197 · 0.70%
2023$13,426 · 0.76%
2022$19,822 · 1.42%
Same employer
Similar plansHealth Care & Social Assistance · Idaho
Ashley Manor, LLC ID$3.3M · 1.25%
Communicare, Inc. ID$1.9M · 1.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813687275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.