Plan Ledger DOL Form 5500 · updated monthly

Center for Alcohol and Drug Treatment401(k)

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF CENTER FOR ALCOHOL AND DRUG TREATMENT · DULUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Center for Alcohol and Drug Treatment reported $3,583 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,443 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 0.07% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,505th of 1,918), and 7,305th of 11,911 in health care & social assistance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 143 to 178 since 2022.

Plan summary
Net assets, end of year$6,084,503
Participants with balances221
Active participants178
Employer contributions$434,852
Employee contributions$352,587
Employer contribution per active participant$2,443
Average account balance$27,532
Benefits paid to participants$1,049,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 221 accts · $435K emplr
2023$5.7M · 323 accts · $359K emplr
2022$5.1M · 308 accts · $319K emplr
The Center for Alcohol and Drug Treatment 401(k) match · 2024
Employer contribution per active participant$2,443
Median for plans this size$1,313
2024$2,443 per active participant
2023$2,061 per active participant
2022$2,233 per active participant

Center for Alcohol and Drug Treatment's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,583

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$3,583 · 0.06%
2023$1,747 · 0.03%
2022$3,586 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Our Lady of Peace MN$6.3M · 0.69%
Minnesota Womens Care PA MN$6.0M · 0.03%
Smdc Medical Center MN$6.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410847934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.