Plan Ledger DOL Form 5500 · updated monthly

Norton Sound Health CorporationMoney purchase plan

NORTON SOUND HEALTH CORPORATION MONEY PURCHASE PENSION PLAN & TRUST · NOME, AK · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Norton Sound Health Corporation reported $21,242 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,809 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 4 years on file its reported administrative ratio has held roughly steady near 0.043%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 40th-largest of 160 plans among Alaska employers on file, and the 1,741st of 11,911 in health care & social assistance. active participation has grown from 512 to 587 since 2022.

Plan summary
Net assets, end of year$54,305,742
Participants with balances801
Active participants587
Employer contributions$4,583,934
Employee contributions—
Employer contribution per active participant$7,809
Average account balance$67,797
Benefits paid to participants$3,045,137
Plan auditUnmodified (clean) audit opinion
AuditorELGEE REHFELD LLC
Plan history4
Yearassets · accounts · employer contribution
2025$54.3M · 801 accts · $4.6M emplr
2024$45.4M · 757 accts · $4.3M emplr
2023$41.7M · 745 accts · $3.7M emplr
2022$35.1M · 754 accts · $3.9M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$21,242
Total administrative$21,242
Employer contributions to the Norton Sound Health Corporation plan · 2025
Employer contribution per active participant$7,809
Median for plans this size$2,666
2025$7,809 per active participant
2024$7,550 per active participant
2023$6,765 per active participant
2022$7,525 per active participant

Norton Sound Health Corporation's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
USI CONSULTING GROUP, INC. · Recordkeeping · Investment advisory (participants)$21,242
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year3
2025USI Consulting
2024USI Consulting
2023USI Consulting

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

Administrative cost history4
2025$21,242 · 0.04%
2024$16,491 · 0.04%
2023$18,410 · 0.05%
2022$16,400 · 0.04%
All plans at this employer2
NORTON SOUND HEALTH CORPORATION MONEY PURCHASE PENSION PLAN & TRUSTMoney purchase plan
NORTON SOUND HEALTH CORPORATION EMPLOYEE TAX-DEFERRED 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Alaska
Central Peninsula Hospital AK$113.0M · 0.09%
Alaska Heart Institute, LLC AK$74.5M · 0.06%
Orthoalaska, LLC AK$44.3M · 0.17%
Maniilaq Association AK$43.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920041488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.