Plan Ledger DOL Form 5500 · updated monthly

Northstrat, Inc.401(k)

NORTHSTRAT, INC. 401(K) & PROFIT SHARING PLAN · STERLING, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Northstrat, Inc. reported $228,491 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $35,694 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 fell from 0.41% to 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 370th-largest of 2,266 plans among Virginia employers on file, and the 2,029th of 11,654 in professional & technical services. In 2024, the employer put in $4.83 for every $1.00 employees contributed themselves; active participation has grown from 155 to 189 since 2022.

Plan summary
Net assets, end of year$71,627,565
Participants with balances209
Active participants189
Employer contributions$6,746,209
Employee contributions$1,397,069
Employer contribution per active participant$35,694
Average account balance$342,716
Benefits paid to participants$2,574,981
Plan auditUnmodified (clean) audit opinion
AuditorBEHRENS & BANKS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$71.6M · 209 accts · $6.7M emplr
2023$55.6M · 186 accts · $5.8M emplr
2022$40.3M · 156 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,627
Investment management$183,864
Total administrative$228,491
The Northstrat, Inc. 401(k) match · 2024
Employer contribution per active participant$35,694
Median for plans this size$3,635
2024$35,694 per active participant
2023$35,491 per active participant
2022$28,890 per active participant

Northstrat, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
FORUSALL ADVISORS LLC · Investment advisory (plan)$151,264
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,987
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,600

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

Administrative cost history3
2024$228,491 · 0.36%
2023$195,363 · 0.41%
2022$146,587 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Virginia
Agile Defense LLC VA$75.7M · 0.22%
Ntrepid, LLC VA$73.0M · 0.09%
Unison Software, Inc. VA$72.9M · 0.17%
Group W Inc. VA$71.8M · 0.06%
Cheiron, Inc VA$68.6M · 0.00%
Pragmatics, Inc VA$66.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205239243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.