Plan Ledger DOL Form 5500 · updated monthly

Northpoint Senior Services, LLC401(k)

PRESTIGE MANAGEMENT EMPLOYEE PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Northpoint Senior Services, LLC reported $209,316 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $48 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 0.66% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 160th-largest of 871 plans among Kentucky employers on file, and the 2,080th of 11,911 in health care & social assistance. In 2024, employees put in $17.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,753,121
Participants with balances1,438
Active participants4,468
Employer contributions$214,325
Employee contributions$3,808,483
Employer contribution per active participant$48
Average account balance$30,426
Benefits paid to participants$4,660,424
Plan auditUnmodified (clean) audit opinion
AuditorPEASE BELL CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.8M · 1,438 accts · $214K emplr
2023$39.9M · 1,448 accts · $185K emplr
2022$35.1M · 1,445 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$182,279
Investment management$27,037
Total administrative$209,316
The Northpoint Senior Services, LLC 401(k) match · 2024
Employer contribution per active participant$48
Median for plans this size$2,416
2024$48 per active participant
2023$42 per active participant
2022$41 per active participant

Northpoint Senior Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$182,388
SORTINO ADVISORY PARTNERS, LLC · Investment advisory (plan)$27,063

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$209,316 · 0.50%
2023$242,797 · 0.65%
2022$250,998 · 0.66%
Similar plansHealth Care & Social Assistance · Kentucky
Seven Counties Services KY$50.5M · 0.30%
Springstone Health Opco LLC KY$47.0M · 0.28%
Associates in Dermatology KY$47.0M · 0.01%
Dismas Charities, Inc. KY$43.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223858078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.