Plan Ledger DOL Form 5500 · updated monthly

Emp Serv, LLC401(k)

EMP SERV, LLC 401(K) PROFIT SHARING PLAN · PIPESTONE, MN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Emp Serv, LLC reported $207,600 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,055 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 0.45% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 365th-largest of 1,918 plans among Minnesota employers on file, and the 2,002nd of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 918 to 1,283 since 2022.

Plan summary
Net assets, end of year$72,382,321
Participants with balances1,486
Active participants1,283
Employer contributions$3,919,167
Employee contributions$5,272,962
Employer contribution per active participant$3,055
Average account balance$48,710
Benefits paid to participants$5,010,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.4M · 1,486 accts · $3.9M emplr
2023$60.6M · 1,204 accts · $3.4M emplr
2022$51.1M · 1,085 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,600
Total administrative$207,600
The Emp Serv, LLC 401(k) match · 2024
Employer contribution per active participant$3,055
Median for plans this size$3,635
2024$3,055 per active participant
2023$3,278 per active participant
2022$3,351 per active participant

Emp Serv, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$207,600
EIDE BAILLY LLP · Accounting / auditindirect comp
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history3
2024$207,600 · 0.31%
2023$243,835 · 0.44%
2022$248,053 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Minnesota
I & S Group, Inc. MN$75.8M · 0.01%
Foley & Mansfield, Pllp MN$73.9M · 0.16%
Bergankdv, LTD MN$71.5M · 0.01%
Zelle LLP MN$69.5M · 0.15%
Boulay Pllp MN$69.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411893115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.