Plan Ledger DOL Form 5500 · updated monthly

Field Nation, LLC401(k)

FIELD NATION 401(K) · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Field Nation, LLC reported $78,200 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,555 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Minnesota (1,006th of 1,918), and 1,134th of 2,199 in information & media. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,736,604
Participants with balances211
Active participants165
Employer contributions$751,588
Employee contributions$2,196,191
Employer contribution per active participant$4,555
Average account balance$79,320
Benefits paid to participants$2,012,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 211 accts · $752K emplr
2023$13.1M · 200 accts · $840K emplr
2022$8.4M · 198 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,213
Investment management$39,987
Total administrative$78,200
The Field Nation, LLC 401(k) match · 2024
Employer contribution per active participant$4,555
Median for plans this size$2,416
2024$4,555 per active participant
2023$5,456 per active participant
2022$3,754 per active participant

Field Nation, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,213
MMA SECURITIES · Investment advisory (plan)$34,770
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,217

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$78,200 · 0.52%
2023$56,927 · 0.53%
2022$42,831 · 0.54%
Same employer
Similar plansInformation & Media · Minnesota
Arcserve LLC MN$21.9M · 0.50%
Sezzle, Inc. MN$20.7M · 0.48%
Episource LLC MN$14.8M · 0.57%
When I Work, Inc. MN$14.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320240592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.