Plan Ledger DOL Form 5500 · updated monthly

Andersen Corporation401(k)

ANDERSEN 401K PLAN · BAYPORT, MN · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Andersen Corporation reported $1,159,053 in plan administrative expenses for 2025: 0.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,234 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 4 years on file its reported administrative ratio has held roughly steady near 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 29th-largest of 1,918 plans among Minnesota employers on file, and the 203rd of 13,661 in manufacturing. In 2025, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 12,299 to 13,748 since 2022.

Plan summary
Net assets, end of year$1,684,905,971
Participants with balances18,974
Active participants13,748
Employer contributions$58,204,069
Employee contributions$76,115,361
Employer contribution per active participant$4,234
Average account balance$88,801
Benefits paid to participants$158,176,751
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$1.7B · 18,974 accts · $58.2M emplr
2024$1.5B · 18,308 accts · $55.4M emplr
2023$1.3B · 17,151 accts · $50.7M emplr
2022$1.1B · 16,826 accts · $43.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$819,803
Investment management$297,840
Audit (IQPA)$35,360
Total administrative$1,159,053
The Andersen Corporation 401(k) match · 2025
Employer contribution per active participant$4,234
Median for plans this size$5,084
2025$4,234 per active participant
2024$4,175 per active participant
2023$3,913 per active participant
2022$3,533 per active participant

Andersen Corporation's 2025 employer contribution ran below the $5,084 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202511
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$1,198,120
RUSSELL INVESTMENTS TRUST COMPANY · Investment management$581,430
BEACON POINTE ADVISORS LLC · Investment advisory (participants)$33,791
BDO USA LLP · Accounting / audit$32,179
QUARRY HILL ADVISORS LLC · Investment advisory (participants)$24,933
ACTION POINT FINANCIAL PLANNING · Investment advisory (participants)$21,981
INTELLIGENT FINANCIAL STRATEGIES · Investment advisory (participants)$12,910
GREAT VALLEY ADVISOR GROUP · Investment advisory (participants)$11,962
MOLONEY SECURITIES ASSET MGMT · Investment advisory (participants)$8,394
FOCUS PARTNERS ADVISOR SOLUTION · Investment advisory (participants)$7,394
FOX ROTHSCHILD LLP · Investment advisory (participants)$6,050

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

Recordkeeper by year3
2025BSI, Charles Schwab
2024BSI, Charles Schwab
2023BSI, Charles Schwab

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

Administrative cost history4
2025$1,159,053 · 0.07%
2024$1,083,080 · 0.08%
2023$1,018,954 · 0.09%
2022$888,604 · 0.08%
All plans at this employer2
ANDERSEN 401K PLAN401(k)
ANDERSEN CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Minnesota
3M Company MN$12.0B · 0.05%
General Mills, Inc. MN$5.0B · 0.10%
Ecolab Inc. MN$4.2B · 0.03%
Solventum Corporation MN$2.6B · 0.01%
Deluxe Corporation MN$1.5B · 0.14%
The Toro Company MN$1.4B · 0.02%
Hormel Foods Corporation MN$1.3B · 0.03%
Polaris Industries Inc. MN$1.1B · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 410123208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.