Plan Ledger DOL Form 5500 · updated monthly

Climate by Design International, Inc.401(k)

CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST · OWATONNA, MN · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Climate by Design International, Inc. reported $91,709 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,414 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 rose from 0.55% to 0.83%. 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 among the smaller plans on file in Minnesota (1,184th of 1,918), and 7,926th of 13,661 in manufacturing. In 2024, employees put in $3.44 for every $1.00 the employer contributed; active participation has grown from 157 to 209 since 2022.

Plan summary
Net assets, end of year$12,312,547
Participants with balances238
Active participants209
Employer contributions$295,604
Employee contributions$1,016,657
Employer contribution per active participant$1,414
Average account balance$51,733
Benefits paid to participants$314,919
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 238 accts · $296K emplr
2023$9.7M · 208 accts · $251K emplr
2022$6.9M · 138 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,182
Investment management$65,527
Total administrative$91,709
The Climate by Design International, Inc. 401(k) match · 2024
Employer contribution per active participant$1,414
Median for plans this size$2,416
2024$1,414 per active participant
2023$1,334 per active participant
2022$583 per active participant

Climate by Design International, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
MURRAY FINANCIAL GROUP DBA ISC FINA · Recordkeeping · Trustee$65,527
ADP, INC. · Loan processing · Recordkeeping$26,182
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MURRAY FINANCIAL GROUP DBA ISC FINA
2023ADP, MURRAY FINANCIAL GROUP DBA ISC FINA

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Administrative cost history3
2024$91,709 · 0.83%
2023$52,342 · 0.63%
2022$41,000 · 0.55%
Same employer
Similar plansManufacturing · Minnesota
The Dotson Company, Inc. MN$12.5M · 0.29%
Arrow Finishing, Inc MN$12.3M · 0.34%
Alula, LLC MN$12.3M · 0.27%
Sunrich Products MN$12.2M · 0.23%
Minmor Industries, LLC MN$12.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411697241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.