Plan Ledger DOL Form 5500 · updated monthly

Ear, Nose & Throat Specialtycare of Minnesota, P.A.401(k)

EAR, NOSE & THROAT SPECIALTYCARE OF MINNESOTA, P.A. SECTION 401(K) PLAN AND · ST LOUIS PARK, MN · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Ear, Nose & Throat Specialtycare of Minnesota, P.A. reported $34,510 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,983 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 0.03% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 530th-largest of 1,918 plans among Minnesota employers on file, and the 2,030th of 11,911 in health care & social assistance. In 2023, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$45,333,170
Participants with balances95
Active participants79
Employer contributions$1,025,662
Employee contributions$819,197
Employer contribution per active participant$12,983
Average account balance$477,191
Benefits paid to participants$3,677,115
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$45.3M · 95 accts · $1.0M emplr
2022$40.7M · 102 accts · $977K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,174
Total administrative$34,510
The Ear, Nose & Throat Specialtycare of Minnesota, P.A. 401(k) match · 2023
Employer contribution per active participant$12,983
Median for plans this size$2,440
2023$12,983 per active participant
2022$13,386 per active participant

Ear, Nose & Throat Specialtycare of Minnesota, P.A.'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 · 20233
CARLSON CAPITAL MANAGEMENT LLC · Investment advisory (participants)$22,334
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,167
WILSHIRE ADVISORS LLC · Investment advisory (plan)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
2023$34,510 · 0.08%
2022$12,337 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Cirtec Medical Corporation MN$52.1M · 0.43%
Nystrom & Associates, LTD. MN$47.9M · 0.53%
Astera Health MN$46.1M · 0.26%
Lifecare Medical Center MN$45.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410951475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.