Plan Ledger DOL Form 5500 · updated monthly

College Nannies and Tutors I, LLC401(k)

COLLEGE NANNIES AND TUTORS I, LLC 401(K) PLAN · MINNEAPOLIS, MN · plan year 2022

Employer contribution per participant · 2022
$1,536

College Nannies and Tutors I, LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $139,005 across 21 participant accounts, with employer contributions averaging $1,536 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,905th of 1,918), and 11,733rd of 11,911 in health care & social assistance. In 2022, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,005
Participants with balances21
Active participants19
Employer contributions$29,184
Employee contributions$85,470
Employer contribution per active participant$1,536
Average account balance$6,619
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
The College Nannies and Tutors I, LLC 401(k) match · 2022
Employer contribution per active participant$1,536
Median for plans this size$331

College Nannies and Tutors I, LLC's 2022 employer contribution ran above the $331 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 201924122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.