Plan Ledger DOL Form 5500 · updated monthly

General Pattern Co., Inc.401(k)

GENERAL PATTERN CO., INC. 401(K) PLAN · BLAINE, MN · plan year 2022

Reported admin expense ratio · 2022
0.78%

General Pattern Co., Inc. reported $37,602 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,633rd of 1,918), and 11,501st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,446,905
Participants with balances39
Active participants120
Employer contributions—
Employee contributions$173,482
Employer contribution per active participant—
Average account balance$114,023
Benefits paid to participants$171,670
Plan auditUnmodified (clean) audit opinion
AuditorS.D.K.A. & S., LTD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,700
Professional / advisory$27,902
Total administrative$37,602
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$37,602 · 0.78%
Similar plansManufacturing · Minnesota
Beacon Promotions MN$4.6M · 0.16%
Key Surgical LLC MN$4.4M · 0.03%
Puris Holdings LLC MN$4.2M · 0.93%
Safety Rail Company, LLC MN$4.2M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410769822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.