Plan Ledger DOL Form 5500 · updated monthly

Northstar Location Services, LLC401(k)

THE NORTHSTAR COMPANIES 401(K) PLAN · CHEEKTOWAGA, NY · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Northstar Location Services, LLC reported $23,085 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $338 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 0.48% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,605th of 5,648), and 1,521st of 2,534 in administrative & support services. In 2024, employees put in $5.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,389,278
Participants with balances137
Active participants144
Employer contributions$48,704
Employee contributions$282,501
Employer contribution per active participant$338
Average account balance$32,039
Benefits paid to participants$283,123
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 137 accts · $49K emplr
2022$3.2M · 95 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,408
Investment management$9,677
Total administrative$23,085
The Northstar Location Services, LLC 401(k) match · 2024
Employer contribution per active participant$338
Median for plans this size$1,313
2024$338 per active participant
2022$374 per active participant

Northstar Location Services, 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.

Service providers · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$13,622
WILMINGTON TRUST, NATIONAL ASSOC. · Investment advisory (plan)$9,462

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

Administrative cost history2
2024$23,085 · 0.57%
2022$16,923 · 0.48%
Same employer
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Hearth Management, LLC NY$4.6M · 0.82%
Bond Veterinary, Inc NY$4.6M · 0.42%
Safetec of America Inc NY$4.5M · 0.66%
Waste Harmonics LLC NY$4.3M · 0.57%
Fortus Group, Inc. NY$4.1M · 0.83%
Special Programs, Inc. NY$3.8M · 0.33%
The Northstar Snf NY$3.6M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161602670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.