Plan Ledger DOL Form 5500 · updated monthly

Ascensionpoint Recovery Services401(k)

ASCENSIONPOINT RECOVERY SERVICES LLC 401K PROFIT SHARING PLAN & T · COON RAPIDS, MN · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Ascensionpoint Recovery Services reported $27,529 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,564 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 0.31% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,292nd of 1,918), and the 994th of 2,534 in administrative & support services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,240,725
Participants with balances119
Active participants113
Employer contributions$289,706
Employee contributions$638,205
Employer contribution per active participant$2,564
Average account balance$86,057
Benefits paid to participants$401,784
Plan auditUnmodified (clean) audit opinion
AuditorDS&B LTD
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 119 accts · $290K emplr
2023$8.2M · 118 accts · $303K emplr
2022$6.5M · 122 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,513
Investment management$23,016
Total administrative$27,529
The Ascensionpoint Recovery Services 401(k) match · 2024
Employer contribution per active participant$2,564
Median for plans this size$1,313
2024$2,564 per active participant
2023$2,937 per active participant
2022$2,771 per active participant

Ascensionpoint Recovery Services'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 · 20242
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$23,016
ADP, INC. · Loan processing · Recordkeeping$4,513

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$27,529 · 0.30%
2023$22,087 · 0.30%
2022$20,241 · 0.31%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Dem-Con Companies, LLC MN$13.9M · 0.01%
Elder-Jones, Inc. MN$12.4M · 0.51%
Pizza Luce Management, Inc. MN$12.0M · 0.75%
Aspen Waste Systems, Inc. MN$8.8M · 0.15%
Versique, Inc. MN$8.3M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261517215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.