Plan Ledger DOL Form 5500 · updated monthly

Aspen Waste Systems, Inc.401(k)

ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · MINNEAPOLIS, MN · plan year 2025

Reported admin expense ratio · 2025
0.16%

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

Aspen Waste Systems, Inc. reported $23,533 in plan administrative expenses for 2025: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,271 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 rose from 0.09% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,032nd of 1,918), and the 730th of 2,534 in administrative & support services. In 2025, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,090,428
Participants with balances200
Active participants300
Employer contributions$381,409
Employee contributions$1,305,996
Employer contribution per active participant$1,271
Average account balance$80,452
Benefits paid to participants$1,644,126
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLAESONALLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2025$16.1M · 200 accts · $381K emplr
2024$13.4M · 191 accts · $339K emplr
2023$11.5M · 192 accts · $313K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$23,533
Total administrative$23,533
The Aspen Waste Systems, Inc. 401(k) match · 2025
Employer contribution per active participant$1,271
Median for plans this size$2,666
2025$1,271 per active participant
2024$1,122 per active participant
2023$1,115 per active participant

Aspen Waste Systems, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$23,532
ROYAL ALLIANCE ASSOCIATES INC · Investment advisory (plan)indirect comp
TAX SHELTERED COMPENSATION INC · Other servicesindirect comp

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

Administrative cost history3
2025$23,533 · 0.16%
2024$19,532 · 0.16%
2023$9,450 · 0.09%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Verified Credentials, LLC MN$20.0M · 0.55%
Hahl Companies, LLC MN$17.5M · 0.11%
Aaa Minneapolis MN$16.1M · 0.41%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411665040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.