Plan Ledger DOL Form 5500 · updated monthly

Acr Homes, Inc.401(k)

ACR HOMES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.67%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Acr Homes, Inc. reported $92,428 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $337 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.74% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,077th of 1,918), and the 4,506th of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 511 to 816 since 2022.

Plan summary
Net assets, end of year$14,944,080
Participants with balances276
Active participants816
Employer contributions$275,000
Employee contributions$527,206
Employer contribution per active participant$337
Average account balance$54,145
Benefits paid to participants$397,105
Plan auditUnmodified (clean) audit opinion
AuditorSMITH, SCHAFER & ASSOCIATES, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 276 accts · $275K emplr
2023$12.8M · 282 accts
2022$11.1M · 326 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,928
Investment management$15,000
Audit (IQPA)$8,500
Total administrative$92,428
The Acr Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$337
Median for plans this size$2,416

Acr Homes, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$68,928
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$15,000
SMITH SCHAFER & ASSOCIATES, LTD. · Accounting / audit$8,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$92,428 · 0.67%
2023$75,017 · 0.63%
2022$91,849 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Creekside Companies, Inc. MN$15.2M · 0.48%
Opportunity Partners, Inc. MN$15.0M · 0.45%
Rise, Inc. MN$15.0M · 0.04%
Sholom Community Alliance MN$14.3M · 0.52%
Mainsl Services, Inc. MN$14.3M · 0.57%
Apple Tree Dental MN$14.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411404883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.