Plan Ledger DOL Form 5500 · updated monthly

Community Action Partnership of Ramsey and Washington Counties403(b)

COMMUNITY ACTION PARTNERSHIP OF RAMSEY AND WASHINGTON COUNTIES TAX SHELTERED INVESTMENT PROGRAM 403(B) PLAN · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Community Action Partnership of Ramsey and Washington Counties reported $34,392 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,361 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 0.54% to 0.24%. 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 among the smaller plans on file in Minnesota (1,048th of 1,918), and the 1,262nd of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,512,754
Participants with balances565
Active participants353
Employer contributions$480,422
Employee contributions$956,578
Employer contribution per active participant$1,361
Average account balance$27,456
Benefits paid to participants$1,015,917
Plan auditDisclaimer of opinion
AuditorABDO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 565 accts · $480K emplr
2023$13.6M · 468 accts · $414K emplr
2022$11.7M · 457 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,086
Total administrative$34,392
Employer contributions to the Community Action Partnership of Ramsey and Washington Counties plan · 2024
Employer contribution per active participant$1,361
Median for plans this size$2,416
2024$1,361 per active participant
2023$1,183 per active participant
2022$988 per active participant

Community Action Partnership of Ramsey and Washington Counties'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$69,073
ASCENSUS · Contract administrator · Other services$6,504
MMA SECURITIES · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$34,392 · 0.24%
2023$66,911 · 0.53%
2022$67,655 · 0.54%
Same employer
Similar plansOther Services · Minnesota
Canvas Health Inc MN$17.8M · 0.36%
Identisys Incorporated MN$15.9M · 0.43%
Nexstar, Inc MN$14.9M · 0.11%
Drcc, Inc. MN$13.9M · 0.58%
Viking Client Services, LLC MN$12.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410883443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.