Plan Ledger DOL Form 5500 · updated monthly

Andrew J. Will, MD, PA dba Twin Cities Pain Clinic401(k)

TWIN CITIES PAIN CLINIC AND AFFILIATES 401(K) PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Andrew J. Will, MD, PA dba Twin Cities Pain Clinic reported $27,165 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,303 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,315th of 1,918), and the 5,770th of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 139 to 184 since 2022.

Plan summary
Net assets, end of year$9,790,786
Participants with balances161
Active participants184
Employer contributions$423,801
Employee contributions$846,759
Employer contribution per active participant$2,303
Average account balance$60,812
Benefits paid to participants$244,952
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 161 accts · $424K emplr
2023$7.5M · 144 accts · $368K emplr
2022$5.7M · 134 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,165
Total administrative$27,165
The Andrew J. Will, MD, PA dba Twin Cities Pain Clinic 401(k) match · 2024
Employer contribution per active participant$2,303
Median for plans this size$1,313
2024$2,303 per active participant
2023$2,058 per active participant
2022$2,454 per active participant

Andrew J. Will, MD, PA dba Twin Cities Pain Clinic's 2024 employer contribution ran above the $1,313 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 · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$649
NEPSIS INC · Consultingindirect comp
NORTHWESTERN MUTUAL WM · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$27,165 · 0.31%
2023$20,175 · 0.31%
2022$18,117 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
United Skin Specialists LLC MN$10.2M · 0.83%
North Homes, Inc. MN$9.9M · 0.92%
Homeward Bound, Inc. MN$9.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870692497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.