Plan Ledger DOL Form 5500 · updated monthly

Anderson Group, Inc.401(k)

ANDERSON GROUP INC. PROFIT SHARING PLAN AND TRUST · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Anderson Group, Inc. reported $37,563 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,146 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 fell from 0.23% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 912th-largest of 1,918 plans among Minnesota employers on file, and the 2,062nd of 5,337 in construction. In 2024, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,432,417
Participants with balances219
Active participants203
Employer contributions$435,654
Employee contributions$1,409,471
Employer contribution per active participant$2,146
Average account balance$88,732
Benefits paid to participants$3,222,863
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER AND CO.
Plan history2
Yearassets · accounts · employer contribution
2024$19.4M · 219 accts · $436K emplr
2023$18.5M · 224 accts · $416K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,419
Investment management$31,144
Total administrative$37,563
The Anderson Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,146
Median for plans this size$2,416
2024$2,146 per active participant
2023$2,020 per active participant

Anderson Group, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$16,426
PARTNERS · Investment advisory (plan)$14,719

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

Administrative cost history2
2024$37,563 · 0.20%
2023$38,822 · 0.23%
Same employer
Similar plansConstruction · Minnesota
Allstar Holdings, LLC MN$21.4M · 0.75%
Bituminous Paving, Inc. MN$20.5M · 0.23%
Vinco, Inc. MN$17.7M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 384203467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.