Plan Ledger DOL Form 5500 · updated monthly

The Neighborhood Recycling Corporation dba Eureka! Recycling403(b)

THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

The Neighborhood Recycling Corporation dba Eureka! Recycling reported $39,639 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $894 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 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,643rd of 1,918), and 1,536th of 2,534 in administrative & support services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 210 to 131 since 2022.

Plan summary
Net assets, end of year$4,286,765
Participants with balances171
Active participants131
Employer contributions$117,098
Employee contributions$218,660
Employer contribution per active participant$894
Average account balance$25,069
Benefits paid to participants$146,987
Plan auditUnmodified (clean) audit opinion
AuditorSCHECHTER DOKKEN KANTERANDREWS
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 171 accts · $117K emplr
2023$3.7M · 175 accts · $132K emplr
2022$3.0M · 167 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,639
Total administrative$39,639
Employer contributions to the The Neighborhood Recycling Corporation dba Eureka! Recycling plan · 2024
Employer contribution per active participant$894
Median for plans this size$1,313
2024$894 per active participant
2023$852 per active participant
2022$682 per active participant

The Neighborhood Recycling Corporation dba Eureka! Recycling's 2024 employer contribution ran below the $1,313 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 · 20242
RETIREMENT PLAN CONSULTANTS · Recordkeeping$17,916
GREEN RETIREMENT, INC · Investment advisory (plan)$19,523

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

Recordkeeper by year2
2024RETIREMENT PLAN CONSULTANTS
2023RETIREMENT PLAN CONSULTANTS

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

Administrative cost history3
2024$39,639 · 0.99%
2023$31,694 · 0.95%
2022$31,106 · 1.02%
Same employer
Similar plansAdministrative & Support Services · Minnesota
United Business Mail MN$6.0M · 0.68%
Rural Minnesota Cep MN$5.8M · 0.50%
A.B.L.E., Inc. MN$4.5M · 0.59%
Ljp Waste Solutions MN$3.1M · 0.58%
Janone, Inc. MN$2.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412021202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.