Plan Ledger DOL Form 5500 · updated monthly

Crow Wing Cooperative Power & Light Company401(k)

CROW WING COOPERATIVE POWER & LIGHT CO. EMPLOYEES RETIREMENT PLAN · BRAINERD, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Crow Wing Cooperative Power & Light Company reported $5,089 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,295 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 0.05% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 593rd-largest of 1,918 plans among Minnesota employers on file, and 208th of 412 in utilities. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,899,745
Participants with balances140
Active participants122
Employer contributions$889,946
Employee contributions$1,015,547
Employer contribution per active participant$7,295
Average account balance$270,712
Benefits paid to participants$1,535,221
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, MARTZ, & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$37.9M · 140 accts · $890K emplr
2023$33.1M · 138 accts · $794K emplr
2022$29.0M · 140 accts · $834K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,023
Investment management$3,066
Total administrative$5,089
The Crow Wing Cooperative Power & Light Company 401(k) match · 2024
Employer contribution per active participant$7,295
Median for plans this size$2,416
2024$7,295 per active participant
2023$6,968 per active participant
2022$7,383 per active participant

Crow Wing Cooperative Power & Light Company'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,023

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$5,089 · 0.01%
2023$17,766 · 0.06%
2022$16,957 · 0.05%
Same employer
Similar plansUtilities · Minnesota
Allete, Inc. MN$605.7M · 0.10%
Connexus Energy MN$94.2M · 0.00%
Dakota Electric Association MN$75.4M · 0.08%
Ever Green Energy, Inc. MN$32.7M · 0.19%
Lakes Gas Co. MN$13.5M · 0.11%
Rms Energy Co. LLC MN$8.3M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410208552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.