Plan Snapshot
- Plan Sponsor: Northland Counseling Center, INC.
- Sponsor EIN: 410859738
- Sponsor Address: 215 SE SECOND AVENUE, GRAND RAPIDS, MN, 55744
- Plan Type: 403(b)
- Total Participants: 284
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 284 | $5.0M | $235,214 | $424,271 |
| 2023 | 268 | $4.1M | $221,081 | $392,925 |
| 2022 | 246 | $3.4M | $97,857 | $350,088 |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMIN SERVICES, INC. | Recordkeeper | $29,097 | — | $29,097 |
| IMPACT RETIREMENT ADVISORS | Investment Advisor | $5,316 | — | $5,316 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,413
- Estimated Expense Ratio: 0.684% 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 | $34,662 | — | $34,662 | — | — |
| 2023 | $26,889 | $26,889 | — | — | — |
| 2022 | $28,967 | — | — | — | $28,967 |