Plan Ledger DOL Form 5500 · updated monthly

Northwest Health Careers LLC401(k)

NORTHWEST CAREER COLLEGE 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Northwest Health Careers LLC reported $4,345 in plan administrative expenses for 2024: 0.46% of average plan assets, lower than ~75% of peers. Employer contributions averaged $653 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 0.19% to 0.46%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Nevada (377th of 437), and 2,959th of 3,091 in educational services. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 175 to 194 since 2022.

Plan summary
Net assets, end of year$1,162,240
Participants with balances115
Active participants194
Employer contributions$126,749
Employee contributions$335,211
Employer contribution per active participant$653
Average account balance$10,106
Benefits paid to participants$122,778
Plan auditUnmodified (clean) audit opinion
AuditorWEWORSKI & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 115 accts · $127K emplr
2023$735K · 107 accts · $111K emplr
2022$305K · 107 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,345
Total administrative$4,345
The Northwest Health Careers LLC 401(k) match · 2024
Employer contribution per active participant$653
Median for plans this size$540
2024$653 per active participant
2023$628 per active participant
2022$541 per active participant

Northwest Health Careers LLC's 2024 employer contribution ran above the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$4,345

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,345 · 0.46%
2023$3,370 · 0.65%
2022$568 · 0.19%
Similar plansEducational Services · Nevada
Prospect Education LLC NV$9.0M · 0.74%
Sage Ridge School NV$7.2M · 0.00%
Kolbe Academy Inc CA$1.2M · 0.91%
Skyline Education, Inc. AZ$1.2M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753021716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.