Plan Ledger DOL Form 5500 · updated monthly

Collective Measures, Inc.ESOP

NINA HALE EMPLOYEE STOCK OWNERSHIP PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Collective Measures, Inc. reported $8,000 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,874 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 634th-largest of 1,918 plans among Minnesota employers on file, and the 3,807th of 11,654 in professional & technical services. active participation has grown from 74 to 102 since 2022.

Plan summary
Net assets, end of year$33,766,904
Participants with balances142
Active participants102
Employer contributions$1,517,143
Employee contributions—
Employer contribution per active participant$14,874
Average account balance$237,795
Benefits paid to participants$2,973,948
Plan auditUnmodified (clean) audit opinion
AuditorLB CARLSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 142 accts · $1.5M emplr
2023$29.9M · 153 accts · $874K emplr
2022$23.3M · 134 accts · $915K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,000
Total administrative$8,000
Employer contributions to the Collective Measures, Inc. plan · 2024
Employer contribution per active participant$14,874
Median for plans this size$2,416
2024$14,874 per active participant
2023$9,934 per active participant
2022$12,362 per active participant

Collective Measures, Inc.'s 2024 employer contribution ran above the $2,416 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
BOULAY FINANCIAL ADVISORS LLC · Investment advisory (plan)$8,000

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$8,000 · 0.03%
2023$8,000 · 0.03%
2022$8,000 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 208508247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.