Plan Ledger DOL Form 5500 · updated monthly

Feed My Starving Children401(k)

FEED MY STARVING CHILDREN 401(K) PLAN · COON RAPIDS, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Feed My Starving Children reported $12,548 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,536 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 0.14% to 0.13%. 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 (1,245th of 1,918), and the 5,422nd of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,024,704
Participants with balances468
Active participants357
Employer contributions$548,369
Employee contributions$1,290,075
Employer contribution per active participant$1,536
Average account balance$23,557
Benefits paid to participants$729,863
Plan auditUnmodified (clean) audit opinion
AuditorSCHECHTER DOKKEN KANTER ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 468 accts · $548K emplr
2023$8.9M · 421 accts · $455K emplr
2022$6.7M · 401 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,548
Total administrative$12,548
The Feed My Starving Children 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$1,313
2024$1,536 per active participant
2023$1,307 per active participant
2022$1,156 per active participant

Feed My Starving Children's 2024 employer contribution ran above the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$12,841

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$12,548 · 0.13%
2023$10,985 · 0.14%
2022$9,295 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Accord MN$11.1M · 0.01%
Proact, Inc. MN$11.1M · 0.09%
Bethesda MN$11.0M · 0.69%
Thomas Allen, Inc. MN$11.0M · 0.36%
Good Shepherd Lutheran Home MN$10.9M · 0.52%
Human Development Center MN$10.8M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411601449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.