Plan Ledger DOL Form 5500 · updated monthly

Bolger LLC401(k)

BOLGER LLC RETIREMENT SAVINGS PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.23%

Bolger LLC reported $64,833 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. 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 0.25% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 713th-largest of 1,918 plans among Minnesota employers on file, and the 4,620th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$28,840,203
Participants with balances170
Active participants147
Employer contributions—
Employee contributions$639,054
Employer contribution per active participant—
Average account balance$169,648
Benefits paid to participants$2,923,014
Plan auditUnmodified (clean) audit opinion
AuditorLB CARLSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 170 accts
2023$27.9M · 177 accts
2022$22.4M · 181 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,951
Investment management$20,000
Trustee / custodial$40,882
Total administrative$64,833
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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$44,833
THE HAYS GROUP, INC. · Recordkeeping$20,000

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

Recordkeeper by year2
2024Alerus, THE HAYS GROUP, INC.
2023Alerus, THE HAYS GROUP, INC.

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Administrative cost history3
2024$64,833 · 0.23%
2023$56,251 · 0.22%
2022$54,219 · 0.25%
Same employer
Similar plansManufacturing · Minnesota
Delkor Systems, Inc. MN$30.3M · 0.04%
Plastech Corporation MN$30.2M · 0.14%
Phillips & Temro Industries MN$29.9M · 0.04%
Miller Milling Company, LLC MN$29.2M · 0.03%
National Checking Company MN$28.6M · 0.02%
Tony Downs Foods Company MN$28.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262884864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.