Employers › Northern Ohio Medical Specialists
Recordkeeping fees per participant · Noms 401(k) Profit Sharing Plan · plan year 2024
$28.86
Higher than 23% of the 5,847 plans $50 to 250M that report it.
= $51,863 / 1,797
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013160438NAL0001571857001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013160438NAL0001571857001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$56.58
Higher than 28% of the 8,758 plans $50 to 250M that report it.
= $101,683 / 1,797
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013160438NAL0001571857001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013160438NAL0001571857001, received 2025-10-13
Administrative expenses per participant
$90.22
Higher than 32% of the 9,042 plans $50 to 250M that report it.
= $162,132 / 1,797
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013160438NAL0001571857001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013160438NAL0001571857001, received 2025-10-13
Administrative expenses as a share of assets
0.138%
Higher than 51% of the 9,049 plans $50 to 250M that report it.
= $162,132 / $117,239,189
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013160438NAL0001571857001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013160438NAL0001571857001, received 2025-10-13
Employer contributions per participant
$2,406
Higher than 43% of the 9,105 plans $50 to 250M that report it.
= $4,324,289 / 1,797
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013160438NAL0001571857001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013160438NAL0001571857001, received 2025-10-13
Employer share of total contributions
40.5%
Higher than 78% of the 9,112 plans $50 to 250M that report it.
= $4,324,289 / $10,677,408
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013160438NAL0001571857001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013160438NAL0001571857001, received 2025-10-13
Plan terms are not published in public filings.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013160438NAL0001571857001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NORTHERN OHIO MEDICAL SPECIALISTS, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Plan name | NOMS 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Sponsor EIN / plan number | 34-1933718 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Sponsor location | SANDUSKY, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Industry (business code) | 621111, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Participants, beginning of year | 1,492 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Active participants | 1,257 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Participants, end of year | 1,831 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Participants with an account balance | 1,797 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total assets, beginning of year | $99,821,758 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total assets, end of year | $117,239,189 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Net assets, end of year | $117,239,189 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total income | $25,039,443 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Net income | $17,417,431 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Employer contributions | $4,324,289 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Participant contributions | $4,802,306 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $1,550,813 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total contributions | $10,677,408 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Benefit payments | $7,459,880 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $7,622,012 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Total administrative expenses | $162,132 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Contract administrator fees | $22,699 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Recordkeeping fees | $51,863 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Investment advisory and management fees | $60,449 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Administrative expenses excluding investment management | $101,683 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Held in mutual funds | $95,108,058 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013160438NAL0001571857001, received 2025-10-13 |
| Independent auditor | MEADEN & MOORE, LTD | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013160438NAL0001571857001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013160438NAL0001571857001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| NEWPORT GROUP, INC.recordkeeper | RECORDKEEPER | 12 Claims processing; 15 Recordkeeping and information management; 50 Direct payment from the plan; 60 Sub-transfer agency fees; 37 Participant loan processing; 64 Recordkeeping fees | $129,788 | yes |
| VENTURE VISIONARY PARTNERS | ADVISOR | 27 Investment advisory (plan); 28 Investment management; 51 Investment management fees paid directly by plan; 72 Other investment fees and expenses | $60,449 | no |
| NEWPORT TRUST COMPANY | TRUSTEE | 21 Trustee (bank, trust company or similar) | $27,121 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013160438NAL0001571857001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $99,821,758 | $117,239,189 | 17.4% |
| Participants with a balance | 1,446 | 1,797 | 24.3% |
| Administrative expenses | $211,970 | $162,132 | -23.5% |
| Recordkeeping fees per participant | $65.03 | $28.86 | -55.6% |
| Employer contributions | $3,848,461 | $4,324,289 | 12.4% |
Prior filing 20241011075708NAL0036348816001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: NORTHERN OHIO MEDICAL SPECIALISTS, LLC; SEC registrant: Northern Ohio Medical Specialists, LLC (CIK 1690335, matched by EIN).