Plan Ledger DOL Form 5500 · updated monthly

Advanced Process Technologies, Inc.ESOP

ADVANCED PROCESS TECHNOLOGIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · COKATO, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Advanced Process Technologies, Inc. reported $8,225 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,173 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 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 421st-largest of 1,918 plans among Minnesota employers on file, and the 911th of 5,337 in construction.

Plan summary
Net assets, end of year$60,963,800
Participants with balances126
Active participants116
Employer contributions$832,077
Employee contributions—
Employer contribution per active participant$7,173
Average account balance$483,840
Benefits paid to participants$622,796
Plan auditUnmodified (clean) audit opinion
AuditorLB CARSON, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$61.0M · 126 accts · $832K emplr
2023$40.0M · 122 accts · $910K emplr
Administrative expenses, itemized · 2024
Investment management$8,000
Trustee / custodial$225
Total administrative$8,225
Employer contributions to the Advanced Process Technologies, Inc. plan · 2024
Employer contribution per active participant$7,173
Median for plans this size$3,635
2024$7,173 per active participant
2023$8,275 per active participant

Advanced Process Technologies, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
BOULAY FINANCIAL ADVISORS LLC · Trustee$8,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$8,225 · 0.02%
2023$4,000 · 0.01%
All plans at this employer2
ADVANCED PROCESS TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN401(k)
ADVANCED PROCESS TECHNOLOGIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 421497050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.