Plan Ledger DOL Form 5500 · updated monthly

Catholic Charities of the Diocese of St. Cloud401(k)

CATHOLIC CHARITIES OF THE DIOCESE OF ST. CLOUD 401(K) RETIREMENT PLAN · ST. CLOUD, MN · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Catholic Charities of the Diocese of St. Cloud reported $140,288 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $728 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 has held roughly steady near 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 848th-largest of 1,918 plans among Minnesota employers on file, and the 987th of 3,341 in other services. In 2024, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,922,772
Participants with balances371
Active participants259
Employer contributions$188,470
Employee contributions$585,703
Employer contribution per active participant$728
Average account balance$59,091
Benefits paid to participants$1,745,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 371 accts · $188K emplr
2023$19.7M · 383 accts · $180K emplr
2022$16.9M · 403 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,636
Investment management$95,335
Audit (IQPA)$8,017
Trustee / custodial$26,300
Total administrative$140,288
The Catholic Charities of the Diocese of St. Cloud 401(k) match · 2024
Employer contribution per active participant$728
Median for plans this size$2,416
2024$728 per active participant
2023$685 per active participant
2022$704 per active participant

Catholic Charities of the Diocese of St. Cloud's 2024 employer contribution ran below the $2,416 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 · 20243
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$38,334
ACCREDITED INVESTOR SERVICES, LLC · Consulting · Investment advisory (participants)$95,335
CLIFTONLARSONALLEN · Accounting / audit$8,017

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
2023Alerus

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Administrative cost history3
2024$140,288 · 0.67%
2023$129,614 · 0.71%
2022$133,885 · 0.68%
Same employer
Similar plansOther Services · Minnesota
Vertin Company MN$24.1M · 0.38%
Canvas Health Inc MN$17.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410737799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.