Plan Ledger DOL Form 5500 · updated monthly

Northside Collision, Inc.401(k)

NORTHSIDE COLLISION, INC. 401(K) PROFIT SHARING PLAN · CICERO, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Northside Collision, Inc. reported $25,911 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $442 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,388th of 5,648), and 2,225th of 3,341 in other services. In 2024, employees put in $7.65 for every $1.00 the employer contributed; active participation has grown from 89 to 113 since 2022.

Plan summary
Net assets, end of year$5,491,600
Participants with balances149
Active participants113
Employer contributions$50,000
Employee contributions$382,445
Employer contribution per active participant$442
Average account balance$36,856
Benefits paid to participants$464,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 149 accts · $50K emplr
2023$4.8M · 140 accts · $50K emplr
2022$3.8M · 125 accts · $70K emplr
Administrative expenses, itemized · 2024
Investment management$25,911
Total administrative$25,911
The Northside Collision, Inc. 401(k) match · 2024
Employer contribution per active participant$442
Median for plans this size$1,313
2024$442 per active participant
2023$476 per active participant
2022$787 per active participant

Northside Collision, Inc.'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$25,911 · 0.50%
2023$21,842 · 0.51%
2022$19,477 · 0.49%
Similar plansOther Services · New York
St. Anne Institute NY$5.6M · 0.90%
Scott Miller Salon NY$5.0M · 0.27%
Shannon Marie Enterprises NY$5.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161232515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.