Plan Snapshot
- Plan Sponsor: Northeast Counseling Services
- Sponsor EIN: 231877525
- Sponsor Address: 663 E. MAIN STREET, NANTICOKE, PA, 18634
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $9.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 231 | $9.5M | $296,418 | $342,094 |
| 2023 | 239 | $10.2M | $272,554 | $305,713 |
| 2022 | 233 | $10.6M | $15,884 | $269,943 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LPL FINANCIAL | Other Service Provider | $21,079 | — | $21,079 |
| JOHN HANCOCK | Recordkeeper | $19,094 | — | $19,094 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,173
- Estimated Expense Ratio: 0.425% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $43,335 | $24,470 | $18,865 | — | — |
| 2023 | $43,434 | $25,422 | $18,012 | — | — |
| 2022 | $41,541 | $24,591 | $16,950 | — | — |