North Country Healthcare, Inc. 401(k) Review & Grade
North Country Healthcare, Inc. 401(k) Retirement Plan
Flagstaff, AZHealth Care & Social Assistance588 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,612Employer $ per active participant
$3,651Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$27.5MNet plan assets, end of year
$44,473Average balance per account
Score breakdown
- Employer generosity31.9 / 5064th percentile for employer $ per participant
- Low cost21.9 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1564th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 88th |
| Employee saving | 64th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- North Country Healthcare put in about $1,612 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $948,030 |
| Participant (employee) contributions | $2,147,079 |
| Other contributions (incl. rollovers in) | $127,700 |
| Administrative expenses paid from the plan | $12,681 |
| Contract administrator fees | $2,250 |
| Benefits paid out | $2,774,136 |
| Net assets, start / end of year | $23.7M / $27.5M |
| Active participants, start / end of year | 602 / 574 |
| Participants with account balances | 619 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Fester and Chapman PLLC |
Largest service providers (Schedule C)
| Ameritas Life Insurance Corp | $8,183 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015165531NAL0006981216001, received 2025-10-15, EIN 86-0663432, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.