Plan Ledger DOL Form 5500 · updated monthly

Northside Imports, Inc.401(k)

NORTHSIDE IMPORTS, INC. 401(K) PLAN · LINCOLNWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Northside Imports, Inc. reported $7,037 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $739 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 rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (1,982nd of 3,702), and 2,346th of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 400 to 463 since 2022.

Plan summary
Net assets, end of year$15,202,417
Participants with balances148
Active participants463
Employer contributions$342,109
Employee contributions$716,782
Employer contribution per active participant$739
Average account balance$102,719
Benefits paid to participants$1,006,058
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 148 accts · $342K emplr
2023$14.5M · 148 accts · $325K emplr
2022$11.2M · 126 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,037
Total administrative$7,037
The Northside Imports, Inc. 401(k) match · 2024
Employer contribution per active participant$739
Median for plans this size$2,416
2024$739 per active participant
2023$740 per active participant
2022$688 per active participant

Northside Imports, Inc.'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.

Administrative cost history3
2024$7,037 · 0.05%
2023$4,856 · 0.04%
2022$4,753 · 0.04%
Same employer
Similar plansWholesale Trade · Illinois
Kreher Steel Company, LLC IL$16.0M · 0.55%
N. Kohl Grocer Co., Inc. IL$15.4M · 0.36%
Yamazen, Inc. IL$14.9M · 0.31%
All Tile, LLC IL$14.9M · 0.80%
Morgan Distributing, Inc. IL$14.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363443082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.