Plan Ledger DOL Form 5500 · updated monthly

Alexandria Clinic, P.A.401(k)

ALEXANDRIA CLINIC, P.A. 401(K) PROFIT SHARING PLAN · ALEXANDRIA, MN · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Alexandria Clinic, P.A. reported $74,116 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $33,637 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 604th-largest of 1,918 plans among Minnesota employers on file, and the 2,393rd of 11,911 in health care & social assistance. In 2022, the employer put in $1.88 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,641,760
Participants with balances97
Active participants49
Employer contributions$1,648,231
Employee contributions$875,222
Employer contribution per active participant$33,637
Average account balance$377,750
Benefits paid to participants$8,378,817
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,283
Investment management$61,758
Total administrative$74,116
The Alexandria Clinic, P.A. 401(k) match · 2022
Employer contribution per active participant$33,637
Median for plans this size$2,266

Alexandria Clinic, P.A.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$74,116 · 0.17%
Similar plansHealth Care & Social Assistance · Minnesota
Twin Cities Spine Center MN$39.5M · 0.09%
Stellis Health, P.A. MN$38.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410953818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.