Plan Ledger DOL Form 5500 · updated monthly

Crystal Run Healthcare Physicians, LLP401(k)

CRYSTAL RUN HEALTHCARE PHYSICIANS LLP RETIREMENT PLAN · MINNETONKA, MN · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Crystal Run Healthcare Physicians, LLP reported $418,227 in plan administrative expenses for 2023: 0.22% of average plan assets, above the peer median. Employer contributions averaged $464 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 0.21% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 166th-largest of 1,918 plans among Minnesota employers on file, and the 652nd of 11,911 in health care & social assistance. In 2023, employees put in $13.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$194,852,475
Participants with balances3,355
Active participants2,100
Employer contributions$974,263
Employee contributions$13,429,209
Employer contribution per active participant$464
Average account balance$58,078
Benefits paid to participants$26,838,954
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$194.9M · 3,355 accts · $974K emplr
2022$180.2M · 3,235 accts · $942K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$199,456
Investment management$218,771
Total administrative$418,227
The Crystal Run Healthcare Physicians, LLP 401(k) match · 2023
Employer contribution per active participant$464
Median for plans this size$3,659
2023$464 per active participant
2022$439 per active participant

Crystal Run Healthcare Physicians, LLP's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$199,456
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants) · Investment advisory (plan)$218,771

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024Not separately reported
2023$418,227 · 0.22%
2022$405,746 · 0.21%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133843560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.