Plan Ledger DOL Form 5500 · updated monthly

Northwoods Consulting Partners, Inc .401(k)

NORTHWOODS CONSULTING PARTNERS, INC. 401(K) PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Northwoods Consulting Partners, Inc . reported $68,975 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,614 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 3 years on file its reported administrative ratio has held roughly steady near 0.341%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,288th-largest of 3,295 plans among Ohio employers on file, and the 5,436th of 11,654 in professional & technical services. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has shrunk from 123 to 87 since 2022.

Plan summary
Net assets, end of year$20,676,260
Participants with balances155
Active participants87
Employer contributions$401,401
Employee contributions$1,201,980
Employer contribution per active participant$4,614
Average account balance$133,395
Benefits paid to participants$3,822,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 155 accts · $401K emplr
2023$19.8M · 176 accts · $422K emplr
2022$16.3M · 184 accts · $405K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,975
Total administrative$68,975
The Northwoods Consulting Partners, Inc . 401(k) match · 2024
Employer contribution per active participant$4,614
Median for plans this size$2,416
2024$4,614 per active participant
2023$3,401 per active participant
2022$3,295 per active participant

Northwoods Consulting Partners, 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 · 20243
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$38,411
TRINITY PENSION CONSULTANTS · Contract administrator$15,090

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$68,975 · 0.34%
2023$60,197 · 0.33%
2022$59,157 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Ohio
Glasstech, Inc. OH$21.1M · 0.20%
Shared Services, LLC OH$20.7M · 0.31%
Innomark Communications LLC OH$20.0M · 0.53%
Infoverity U.S., Inc. OH$20.0M · 0.06%
Vocon Design, Inc. OH$19.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311668570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.