Plan Ledger DOL Form 5500 · updated monthly

Ecumen401(k)

ECUMEN 401(K) RETIREMENT SAVINGS PLAN · SHOREVIEW, MN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Ecumen reported $151,875 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,360 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 0.25% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 384th-largest of 1,918 plans among Minnesota employers on file, and the 1,457th of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 829 to 2,152 since 2022.

Plan summary
Net assets, end of year$69,082,159
Participants with balances1,341
Active participants2,152
Employer contributions$2,927,578
Employee contributions$4,606,365
Employer contribution per active participant$1,360
Average account balance$51,515
Benefits paid to participants$8,047,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 1,341 accts · $2.9M emplr
2023$61.5M · 1,298 accts · $2.6M emplr
2022$53.4M · 1,386 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,875
Total administrative$151,875
The Ecumen 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$3,635
2024$1,360 per active participant
2023$3,365 per active participant
2022$3,250 per active participant

Ecumen's 2024 employer contribution ran below the $3,635 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 · 20242
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$151,875
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$151,875 · 0.23%
2023$127,788 · 0.22%
2022$144,285 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Rvo Health, LLC MN$69.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 410711588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.