Plan Ledger DOL Form 5500 · updated monthly

Activar, Inc.401(k)

ACTIVAR, INC. & AFFILIATED COMPANIES TAX DEFERRED SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Activar, Inc. reported $107,418 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $479 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 0.57% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 804th-largest of 1,918 plans among Minnesota employers on file, and the 5,287th of 13,661 in manufacturing. In 2024, employees put in $5.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,876,484
Participants with balances329
Active participants502
Employer contributions$240,668
Employee contributions$1,329,670
Employer contribution per active participant$479
Average account balance$72,573
Benefits paid to participants$2,900,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 329 accts · $241K emplr
2023$22.9M · 335 accts · $234K emplr
2022$19.8M · 331 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,972
Investment management$28,741
Total administrative$107,418
The Activar, Inc. 401(k) match · 2024
Employer contribution per active participant$479
Median for plans this size$2,416
2024$479 per active participant
2023$445 per active participant
2022$408 per active participant

Activar, 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$75,972
ADVANCED CAPITAL GROUP · Investment advisory (plan) · Other services$31,421

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Activar, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$107,418 · 0.46%
2023$112,708 · 0.53%
2022$124,165 · 0.57%
Same employer
Similar plansManufacturing · Minnesota
Scott Equipment Co. MN$24.2M · 0.39%
Wec, Inc. MN$23.6M · 0.46%
Scanlan International Inc. MN$23.5M · 0.44%
Nystrom, Incorportated MN$23.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411335237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.