Plan Ledger DOL Form 5500 · updated monthly

Braun Intertec Corporation401(k)

BRAUN INTERTEC 401(K) RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Braun Intertec Corporation reported $168,705 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,417 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 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 212th-largest of 1,918 plans among Minnesota employers on file, and the 1,109th of 11,654 in professional & technical services. In 2024, employees put in $5.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,770,388
Participants with balances1,364
Active participants1,012
Employer contributions$1,433,861
Employee contributions$7,399,881
Employer contribution per active participant$1,417
Average account balance$102,471
Benefits paid to participants$13,977,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$139.8M · 1,364 accts · $1.4M emplr
2023$123.9M · 1,413 accts · $1.5M emplr
2022$101.3M · 1,418 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,448
Investment management$48,301
Total administrative$168,705
The Braun Intertec Corporation 401(k) match · 2024
Employer contribution per active participant$1,417
Median for plans this size$3,635
2024$1,417 per active participant
2023$1,519 per active participant
2022$1,290 per active participant

Braun Intertec Corporation's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$121,561
VALMARK ADVISERS · Investment advisory (plan)$44,891

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$168,705 · 0.13%
2023$202,035 · 0.18%
2022$189,338 · 0.17%
All plans at this employer2
BRAUN INTERTEC ESOP RETIREMENT PLANESOP
BRAUN INTERTEC 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Minnesota
Wuxi Apptec, Inc. MN$177.8M · 0.21%
Winthrop & Weinstine, P.A. MN$149.2M · 0.11%
Merchant & Gould P.C. MN$141.9M · 0.05%
Cygnus Home Service, LLC MN$133.8M · 0.30%
Kldiscovery Holdings Inc. MN$125.9M · 0.09%
Wsb LLC MN$123.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411684205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.