Plan Ledger DOL Form 5500 · updated monthly

Doherty Consulting, Inc.401(k)

DOHERTY CONSULTING, INC. RETIREMENT SAVINGS PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Doherty Consulting, Inc. reported $9,843 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $94 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 0.17% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,381st of 1,918), and 8,512th of 11,654 in professional & technical services. In 2024, employees put in $12.25 for every $1.00 the employer contributed; active participation has grown from 391 to 550 since 2022.

Plan summary
Net assets, end of year$8,465,119
Participants with balances183
Active participants550
Employer contributions$51,891
Employee contributions$635,646
Employer contribution per active participant$94
Average account balance$46,257
Benefits paid to participants$1,036,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 183 accts · $52K emplr
2023$7.6M · 274 accts · $2K emplr
2022$6.1M · 288 accts · $70K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,843
Total administrative$9,843
The Doherty Consulting, Inc. 401(k) match · 2024
Employer contribution per active participant$94
Median for plans this size$1,313
2024$94 per active participant
2023$4 per active participant
2022$179 per active participant

Doherty Consulting, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
STANCORP FINANCIAL GROUP · Recordkeeping · Custodial$29,715

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Doherty Consulting, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,843 · 0.12%
2023$10,684 · 0.16%
2022$10,690 · 0.17%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 815443326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.