Plan Ledger DOL Form 5500 · updated monthly

Cosmetic Physician Partners LLC401(k)

COSMETIC PHYSICIAN PARTNERS LLC 401(K) PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cosmetic Physician Partners LLC reported $12,933 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,321 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 1 year on file its reported administrative ratio rose from 0.10% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Minnesota (1,216th of 1,918), and 3,847th of 4,798 in finance & insurance. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,479,532
Participants with balances558
Active participants429
Employer contributions$995,625
Employee contributions$1,858,026
Employer contribution per active participant$2,321
Average account balance$20,573
Benefits paid to participants$783,738
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON + JOHNSTON LLP
Plan history2
Yearassets · accounts · employer contribution
2024$11.5M · 558 accts · $996K emplr
2023$7.1M · 430 accts · $787K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,228
Investment management$7,705
Total administrative$12,933
The Cosmetic Physician Partners LLC 401(k) match · 2024
Employer contribution per active participant$2,321
Median for plans this size$1,313
2024$2,321 per active participant
2023$2,256 per active participant

Cosmetic Physician Partners LLC's 2024 employer contribution ran above the $1,313 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 · 20242
GUIDELINE, INC. · Plan administrator · Recordkeeping$11,256
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)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 history2
2024$12,933 · 0.14%
2023$3,719 · 0.10%
Same employer
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Cpc Management LLC MN$12.4M · 0.31%
North Central Equity LLC MN$9.6M · 0.77%
Hmn Financial, Inc. MN$9.2M · 0.00%
Lend Smart Mortgage, LLC MN$8.3M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873401657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.