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 2022

Reported admin expense ratio · 2022
0.36%

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

Anderson Group Inc. reported $64,098 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,096 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 construction employers. By assets it is among the smaller plans on file in Minnesota (1,044th of 1,918), and the 2,376th of 5,337 in construction. In 2022, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,797,891
Participants with balances206
Active participants169
Employer contributions$354,188
Employee contributions$1,118,005
Employer contribution per active participant$2,096
Average account balance$76,689
Benefits paid to participants$1,751,406
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$38,887
Investment management$25,211
Total administrative$64,098
The Anderson Group Inc. 401(k) match · 2022
Employer contribution per active participant$2,096
Median for plans this size$2,266

Anderson Group Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$64,098 · 0.36%
Similar plansConstruction · Minnesota
Gowan Construction, Inc. MN$16.8M · 0.39%
Water Resources Group, Inc. MN$15.5M · 0.32%
Diamond Surface, Inc. MN$15.4M · 0.02%
Vigen Construction, Inc. MN$14.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411321194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.