Plan Ledger DOL Form 5500 · updated monthly

Cass County Electric Cooperative, Inc.401(k)

CASS COUNTY ELECTRIC COOPERATIVE, INC. SAFE HARBOR 401(K) SALARY REDUCTION PLAN AND TRUST · FARGO, ND · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

Cass County Electric Cooperative, Inc. reported $32,929 in plan administrative expenses for 2025: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,563 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 3 years on file its reported administrative ratio fell from 0.12% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other utilities employers. By assets it is the 60th-largest of 279 plans among North Dakota employers on file, and the 190th of 412 in utilities. In 2025, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,417,559
Participants with balances136
Active participants107
Employer contributions$809,252
Employee contributions$1,352,284
Employer contribution per active participant$7,563
Average account balance$319,247
Benefits paid to participants$4,813,459
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$43.4M · 136 accts · $809K emplr
2024$41.0M · 133 accts · $791K emplr
2023$36.5M · 129 accts · $739K emplr
2022$35.3M · 134 accts · $725K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$32,929
Total administrative$32,929
The Cass County Electric Cooperative, Inc. 401(k) match · 2025
Employer contribution per active participant$7,563
Median for plans this size$2,666
2025$7,563 per active participant
2024$7,755 per active participant
2023$7,247 per active participant
2022$7,181 per active participant

Cass County Electric Cooperative, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$32,929

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

Recordkeeper by year3
2025Alerus
2024Alerus
2023Alerus

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

Administrative cost history4
2025$32,929 · 0.08%
2024$44,349 · 0.11%
2023$46,313 · 0.13%
2022$46,827 · 0.12%
Similar plansUtilities · North Dakota
Mdu Resources Group, Inc. ND$1.3B · 0.03%
Otter Tail Corporation ND$411.1M · 0.09%
United Energy Trading, LLC ND$34.8M · 0.02%
Rainbow Energy Center, LLC ND$23.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450115790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.