Plan Ledger DOL Form 5500 · updated monthly

Family Healthservices Minnesota, P.A.401(k)

ENTIRA FAMILY CLINICS 401(K) PROFIT SHARING PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Family Healthservices Minnesota, P.A. reported $3,428 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,457 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 rose from 0.003% to 0.005%. 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 368th-largest of 1,918 plans among Minnesota employers on file, and the 1,414th of 11,911 in health care & social assistance. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 239 to 273 since 2022.

Plan summary
Net assets, end of year$71,827,589
Participants with balances337
Active participants273
Employer contributions$670,790
Employee contributions$1,656,703
Employer contribution per active participant$2,457
Average account balance$213,138
Benefits paid to participants$7,178,065
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$71.8M · 337 accts · $671K emplr
2023$67.8M · 346 accts · $1.9M emplr
2022$67.1M · 345 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,428
Total administrative$3,428
The Family Healthservices Minnesota, P.A. 401(k) match · 2024
Employer contribution per active participant$2,457
Median for plans this size$3,635
2024$2,457 per active participant
2023$7,965 per active participant
2022$6,854 per active participant

Family Healthservices Minnesota, P.A.'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$870

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$3,428 · 0.00%
2023$3,902 · 0.01%
2022$2,560 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Hutchinson Health MN$82.8M · 0.06%
Lakewood Health System MN$78.4M · 0.24%
Rvo Health, LLC MN$69.2M · 0.11%
Ecumen MN$69.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411817152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.