Plan Ledger DOL Form 5500 · updated monthly

Northstar Communications, Inc.401(k)

NORTHSTAR COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · TEMPE, AZ · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Northstar Communications, Inc. reported $15,956 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,669 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 1 year on file its reported administrative ratio rose from 0.80% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (1,077th of 1,285), and 4,876th of 5,337 in construction. In 2023, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,838,911
Participants with balances94
Active participants127
Employer contributions$212,018
Employee contributions$318,779
Employer contribution per active participant$1,669
Average account balance$19,563
Benefits paid to participants$281,240
Plan auditUnmodified (clean) audit opinion
AuditorDESROCHES PARTNERS, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 94 accts · $212K emplr
2022$1.4M · 114 accts · $216K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,956
Total administrative$15,956
The Northstar Communications, Inc. 401(k) match · 2023
Employer contribution per active participant$1,669
Median for plans this size$1,308
2023$1,669 per active participant
2022$1,789 per active participant

Northstar Communications, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$15,956

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

Administrative cost history2
2023$15,956 · 1.00%
2022$10,966 · 0.80%
Same employer
Similar plansConstruction · Arizona
Arok Inc. AZ$2.1M · 0.96%
K2 Electric, LLC AZ$2.1M · 0.82%
Skyline Steel, Inc. AZ$2.1M · 1.10%
K. T. Fabrication, Inc. AZ$1.8M · 1.72%
Little Enterprises, Inc AZ$1.5M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800526711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.