Plan Ledger DOL Form 5500 · updated monthly

Fish & Richardson P.C.401(k)

FISH & RICHARDSON PROFIT SHARING 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Fish & Richardson P.C. reported $241,011 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,982 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 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 69th-largest of 1,918 plans among Minnesota employers on file, and the 277th of 11,654 in professional & technical services. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$641,002,178
Participants with balances1,446
Active participants1,044
Employer contributions$15,641,456
Employee contributions$12,984,157
Employer contribution per active participant$14,982
Average account balance$443,293
Benefits paid to participants$48,829,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$641.0M · 1,446 accts · $15.6M emplr
2023$573.4M · 1,474 accts · $14.4M emplr
2022$486.1M · 1,457 accts · $13.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,735
Investment management$117,856
Total administrative$241,011
The Fish & Richardson P.C. 401(k) match · 2024
Employer contribution per active participant$14,982
Median for plans this size$4,294
2024$14,982 per active participant
2023$13,987 per active participant
2022$13,193 per active participant

Fish & Richardson P.C.'s 2024 employer contribution ran above the $4,294 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 · 20249
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping$26,975
MILLIMAN INC$74,174
ADVANCED CAPITAL GROUP INC · Investment advisory (participants)$55,633
WOLD FINANCIAL GROUP LLC · Investment advisory (participants)$24,157
MAKROD INVESTMENT ASSOCIATES I · Investment advisory (participants)$15,050
CORIENT PRIVATE WEALTH LLC · Investment advisory (participants)$9,920
INDEX FUND ADVISORS INC · Investment advisory (participants)$6,466
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,236
CHARLES SCHWAB TRUST BANK · Trustee (directed) · Other services$1

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

Recordkeeper by year2
2024Charles Schwab
2023Milliman

This plan has changed recordkeepers within these filings. If you left Fish & Richardson P.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$241,011 · 0.04%
2023$218,382 · 0.04%
2022$185,976 · 0.03%
All plans at this employer2
FISH & RICHARDSON PROFIT SHARING 401(K) PLAN401(k)
FISH & RICHARDSON ASSOCIATES' 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Minnesota
Cliftonlarsonallen LLP MN$1.5B · 0.04%
Dorsey & Whitney LLP MN$678.6M · 0.01%
Dayforce US, Inc. MN$633.5M · 0.06%
Fredrikson & Byron PA MN$491.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043254521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.