Plan Ledger DOL Form 5500 · updated monthly

Fiduciary Counselling, Inc.401(k)

FIDUCIARY COUNSELLING, INC. DEFINED CONTRIBUTION RETIREMENT PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Fiduciary Counselling, Inc. reported $750 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,619 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 0.001% to 0.001%. 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 412th-largest of 1,918 plans among Minnesota employers on file, and the 2,254th of 11,654 in professional & technical services. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 94 to 105 since 2022.

Plan summary
Net assets, end of year$63,148,587
Participants with balances150
Active participants105
Employer contributions$1,324,993
Employee contributions$1,276,507
Employer contribution per active participant$12,619
Average account balance$420,991
Benefits paid to participants$1,825,819
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO. LTD
Plan history3
Yearassets · accounts · employer contribution
2024$63.1M · 150 accts · $1.3M emplr
2023$54.5M · 142 accts · $1.2M emplr
2022$44.0M · 137 accts · $1.1M emplr
The Fiduciary Counselling, Inc. 401(k) match · 2024
Employer contribution per active participant$12,619
Median for plans this size$3,635
2024$12,619 per active participant
2023$13,153 per active participant
2022$11,746 per active participant

Fiduciary Counselling, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$750

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$750 · 0.00%
2023$600 · 0.00%
2022$697 · 0.00%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 410445819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.