Plan Ledger DOL Form 5500 · updated monthly

Anoka County Community Action Program, Inc.403(b)

ANOKA COUNTY COMMUNITY ACTION PROGRAM, INC. 403(B) RETIREMENT PLAN · BLAINE, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Anoka County Community Action Program, Inc. reported $11,374 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,469 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 2 years on file its reported administrative ratio fell from 0.13% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,252nd of 1,918), and the 5,452nd of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,897,565
Participants with balances123
Active participants119
Employer contributions$293,819
Employee contributions$427,788
Employer contribution per active participant$2,469
Average account balance$88,598
Benefits paid to participants$570,180
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 123 accts · $294K emplr
2023$9.5M · 188 accts · $284K emplr
2022$7.8M · 186 accts · $277K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,374
Total administrative$11,374
Employer contributions to the Anoka County Community Action Program, Inc. plan · 2024
Employer contribution per active participant$2,469
Median for plans this size$2,416
2024$2,469 per active participant
2023$2,405 per active participant
2022$2,181 per active participant

Anoka County Community Action Program, Inc.'s 2024 employer contribution ran above 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 · 20241

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

Administrative cost history3
2024$11,374 · 0.11%
2023$11,271 · 0.13%
2022$10,954 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Bethesda MN$11.0M · 0.69%
Feed My Starving Children MN$11.0M · 0.13%
Thomas Allen, Inc. MN$11.0M · 0.36%
Good Shepherd Lutheran Home MN$10.9M · 0.52%
Human Development Center MN$10.8M · 0.07%
Alight MN$10.8M · 0.20%
Ccri, Inc. MN$10.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 416048575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.