Plan Ledger DOL Form 5500 · updated monthly

Northstar Medical Management, Inc.401(k)

NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN · MISSOULA, MT · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Northstar Medical Management, Inc. reported $94,913 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,948 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 0.32% to 0.37%. 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 52nd-largest of 229 plans among Montana employers on file, and the 2,915th of 11,911 in health care & social assistance. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has grown from 136 to 193 since 2022.

Plan summary
Net assets, end of year$28,045,765
Participants with balances236
Active participants193
Employer contributions$1,148,001
Employee contributions$938,508
Employer contribution per active participant$5,948
Average account balance$118,838
Benefits paid to participants$640,791
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 236 accts · $1.1M emplr
2023$23.3M · 220 accts · $1.1M emplr
2022$22.0M · 179 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,383
Investment management$87,006
Trustee / custodial$399
Total administrative$94,913
The Northstar Medical Management, Inc. 401(k) match · 2024
Employer contribution per active participant$5,948
Median for plans this size$2,416
2024$5,948 per active participant
2023$6,083 per active participant
2022$7,576 per active participant

Northstar Medical Management, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
RANDALL & HURLEY, INC. · Recordkeeping · Loan processing$7,383
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$61,703
UBS FINANCIAL SERVICES · Investment advisory (participants)$14,900
RAYMOND JAMES · Investment advisory (participants)$10,529

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

Recordkeeper by year2
2024RANDALL & HURLEY, INC.
2023RANDALL & HURLEY, INC.

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Administrative cost history3
2024$94,913 · 0.37%
2023$77,788 · 0.34%
2022$75,813 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Missoula Bone & Joint, LLC MT$31.9M · 0.22%
Glendive Medical Center MT$30.4M · 0.50%
Ortho Montana, PSC MT$30.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810538539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.