Department of Labor filing

NORTH EAST MEDICAL SERVICES

NORTH EAST MEDICAL SERVICES PROFIT SHARING 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 30, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

73filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$8,049

Reported employer contributions per active participant.

Higher than about 94% of comparable plans
#People in the filing
1,096

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$150 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 25% of comparable plans
Investment performance
Not available

Plan assets changed 21.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202473out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions94th percentileTypical peer $1,543 · based on 691 comparable plans
Lower reported administrative expense25th percentileTypical peer $91 · based on 742 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NORTH EAST MEDICAL SERVICES reported $8,821,658 in employer contributions across the plan and 1,096 active participants. That works out to $8,049 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 36.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 38.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context73/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$8,821,658
Participant contributions
$8,191,894
Other contributions
$395,852
Employer share of reported contributions
51.9%
Beginning assets
$144,036,211
Ending assets
$174,979,442
Ending net assets
$174,979,442
Ending liabilities
$0
Total income
$37,018,538
Total expenses
$6,074,549
Administrative expenses
$207,771
Participant loans
$58,615

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$5,910
2023
$7,407
2024
$8,049
Plan-paid administrative expenses per participant
2022
$244
2023
$173
2024
$150
Active participants
2022
921
2023
1,015
2024
1,096
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$8,0491,096175M20250830132910NAL0020454208001
2023$7,4071,015144M20240926195142NAL0002272642001
2022$5,910921111M20231003105220NAL0037428834001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.0%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
941722562-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Feb 1, 1981
Industry
Health care and social assistance
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E2F2G2J2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
MERRILL LYNCH, PIERCE, FENNER & SMI2024Not reportedunknown
NYLIM SERVICE COMPANY2024Not reportedunknown

Current plan terms

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Filing ACK_ID20250830132910NAL0020454208001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗