Plan Ledger DOL Form 5500 · updated monthly

Episcopal Homes of Minnesota401(k)

403(B) THRIFT PLAN OF EPISCOPAL HOMES OF MINNESOTA · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Episcopal Homes of Minnesota reported $2,359 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $291 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 0.029% to 0.027%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,329th of 1,918), and the 5,840th of 11,911 in health care & social assistance. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 646 to 973 since 2022.

Plan summary
Net assets, end of year$9,582,218
Participants with balances308
Active participants973
Employer contributions$283,538
Employee contributions$759,851
Employer contribution per active participant$291
Average account balance$31,111
Benefits paid to participants$650,708
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 308 accts · $284K emplr
2023$7.9M · 297 accts · $237K emplr
2022$6.7M · 277 accts · $238K emplr
The Episcopal Homes of Minnesota 401(k) match · 2024
Employer contribution per active participant$291
Median for plans this size$1,313
2024$291 per active participant
2023$276 per active participant
2022$368 per active participant

Episcopal Homes of Minnesota'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,947

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$2,359 · 0.03%
2023$1,509 · 0.02%
2022$2,026 · 0.03%
Similar plansHealth Care & Social Assistance · Minnesota
Catholic Eldercare, Inc. MN$9.3M · 0.59%
Cps Puerto Rico, Inc. MN$9.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410706110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.