Plan Ledger DOL Form 5500 · updated monthly

Constellation, Inc.401(k)

CONSTELLATION, INC. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Constellation, Inc. reported $10,488 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,232 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 626th-largest of 1,918 plans among Minnesota employers on file, and the 2,198th of 4,798 in finance & insurance. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,515,023
Participants with balances273
Active participants197
Employer contributions$1,424,725
Employee contributions$2,583,553
Employer contribution per active participant$7,232
Average account balance$126,429
Benefits paid to participants$4,124,269
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$33.6M · 225 accts · $1.2M emplr
2023$34.5M · 273 accts · $1.4M emplr
2022$27.8M · 243 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,257
Investment management$7,231
Total administrative$10,488
The Constellation, Inc. 401(k) match · 2023
Employer contribution per active participant$7,232
Median for plans this size$2,440
2024$6,982 per active participant
2023$7,232 per active participant
2022$5,963 per active participant

Constellation, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK RETIREMENT PLAN SVCS. · Recordkeeping · Loan processing$10,488

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025Not separately reported
2024$9,974 · 0.03%
2023$10,488 · 0.03%
2022$7,804 · 0.02%
All plans at this employer2
CONSTELLATION, INC. PENSION PLANMoney purchase plan
CONSTELLATION, INC. 401(K) PLAN401(k)
Same employer
Similar plansFinance & Insurance · Minnesota
Leamington Co. MN$35.9M · 0.17%
Whitebox Advisors, LLC MN$35.9M · 0.12%
Home Federal Savings Bank MN$33.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411625287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.