Retirement plan

NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN

Name: NORTHSTAR MEDICAL MANAGEMENT, INC. - NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN (2024) Form 5500
Creator: NORTHSTAR MEDICAL MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN, NORTHSTAR MEDICAL MANAGEMENT, INC.

NORTHSTAR MEDICAL MANAGEMENT, INC.EIN 81-0538539Plan #002PY 2024

700 WEST KENT - MISSOULA, MT 598016772406-541-3963LinkedIn51-200 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$28.1M

+20.6% from 2023

Total participants

244

+8.0% from 2023

Average account balance

$118,864

+12.4% from 2023

Annual return

14.39%

-2.57 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$28.05M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$119K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

236

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$402

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT8 years Service code 26 1918 8TH AVE · SEATTLE, WA 981011214	Advisory (Participants)	$61,703
UBS FINANCIAL SERVICES INC10+ years Filed as: UBS FINANCIAL SERVICES Service code 26 100 RAILROAD STREET W · MISSOULA, MT 59802	Advisory (Participants)	$14,900
RAYMOND JAMES FINANCIAL SERVICES5 years Filed as: RAYMOND JAMES Service code 26 3023 OLD POND ROAD · PHOENIZ, AZ 85004	Advisory (Participants)	$10,529
RANDALL & HURLEY, INC.2 years Service code 15 · EIN 91-1661080 1328 N. WHITMAN LANE · LIBERTY LAKE, WA 99019	Recordkeeping	$7,383

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D3H2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$95K

$492 / participant

Recordkeeping$7K7.8%
Trustee / custodial$3990.4%
Investment mgmt$87K91.7%
Other / not subdivided$1250.1%

% of EOY assets

0.338%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$118,864

$55,446+114.4%

$155,574-23.6%

$74,429+59.7%

Participation rate

95.9%

61.9%+33.9pp

78.2%+17.6pp

67.2%+28.6pp

Annual return

14.39%

269.20%-254.8pp

64.87%-50.5pp

1368.38%-1354.0pp

Employer contribution / active EE

$5,948

$2,266+162.5%

$4,676+27.2%

$2,625+126.6%

Participant deferral / active EE

$4,863

$2,836+71.5%

$5,629-13.6%

$4,348+11.8%

Admin fee / account holder

$402

$1,743-76.9%

$15,914-97.5%

$1,944-79.3%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT8 years

Service code 26

1918 8TH AVE · SEATTLE, WA 981011214

Advisory (Participants)

$61,703

UBS FINANCIAL SERVICES INC10+ years

Filed as: UBS FINANCIAL SERVICES

Service code 26

100 RAILROAD STREET W · MISSOULA, MT 59802

Advisory (Participants)

$14,900

RAYMOND JAMES FINANCIAL SERVICES5 years

Filed as: RAYMOND JAMES

Service code 26

3023 OLD POND ROAD · PHOENIZ, AZ 85004

Advisory (Participants)

$10,529

RANDALL & HURLEY, INC.2 years

Service code 15 · EIN 91-1661080

1328 N. WHITMAN LANE · LIBERTY LAKE, WA 99019

Recordkeeping

$7,383

NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHSTAR MEDICAL MANAGEMENT, INC. 401(K) PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion