Plan Ledger DOL Form 5500 · updated monthly

Fredrikson & Byron PA401(k)

FREDRIKSON & BYRON PA PROFIT SHARING PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Fredrikson & Byron PA reported $59,903 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,582 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 0.013%. 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 85th-largest of 1,918 plans among Minnesota employers on file, and the 354th of 11,654 in professional & technical services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 716 to 806 since 2022.

Plan summary
Net assets, end of year$490,974,123
Participants with balances975
Active participants806
Employer contributions$11,753,299
Employee contributions$11,401,923
Employer contribution per active participant$14,582
Average account balance$503,563
Benefits paid to participants$24,973,390
Plan auditUnmodified (clean) audit opinion
AuditorSCHECHTER DOKKEN KANTER
Plan history3
Yearassets · accounts · employer contribution
2024$491.0M · 975 accts · $11.8M emplr
2023$446.2M · 924 accts · $10.7M emplr
2022$373.2M · 888 accts · $9.4M emplr
Administrative expenses, itemized · 2024
Investment management$59,903
Total administrative$59,903
The Fredrikson & Byron PA 401(k) match · 2024
Employer contribution per active participant$14,582
Median for plans this size$4,294
2024$14,582 per active participant
2023$14,146 per active participant
2022$13,168 per active participant

Fredrikson & Byron PA'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 · 20242
CAPFINANCIAL PARTNERS LLC · Consulting$28,869
FIDELITY INVEST INST OPER COMPANY · Loan processingindirect comp

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$59,903 · 0.01%
2023$111,705 · 0.03%
2022$49,659 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Dorsey & Whitney LLP MN$678.6M · 0.01%
Fish & Richardson P.C. MN$641.0M · 0.04%
Dayforce US, Inc. MN$633.5M · 0.06%
Cps Solutions, LLC MN$292.4M · 0.12%
Barr Engineering Co. MN$277.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410971937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.