Plan Ledger DOL Form 5500 · updated monthly

Fraser, LTD403(b)

FRASER, LTD 403(B) RETIREMENT PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Fraser, LTD reported $34,077 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $659 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 0.29% to 0.44%. 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 North Dakota (199th of 279), and 6,449th of 11,911 in health care & social assistance. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 158 to 225 since 2022.

Plan summary
Net assets, end of year$7,999,782
Participants with balances95
Active participants225
Employer contributions$148,255
Employee contributions$240,307
Employer contribution per active participant$659
Average account balance$84,208
Benefits paid to participants$1,062,637
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 95 accts · $148K emplr
2023$7.6M · 104 accts · $214K emplr
2022$6.4M · 101 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,660
Trustee / custodial$22,417
Total administrative$34,077
Employer contributions to the Fraser, LTD plan · 2024
Employer contribution per active participant$659
Median for plans this size$1,313
2024$659 per active participant
2023$1,125 per active participant
2022$1,298 per active participant

Fraser, LTD's 2024 employer contribution ran below 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 · 20242
BREMER BANK NATIONAL ASSOCIATION · Trustee (directed)$22,417

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$34,077 · 0.44%
2023$24,252 · 0.35%
2022$16,989 · 0.29%
Similar plansHealth Care & Social Assistance · North Dakota
Family Healthcare Center ND$7.9M · 0.41%
Pr Health Corporation ND$7.3M · 1.15%
Lutheran Sunset Home ND$6.9M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 450226418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.