Plan Ledger DOL Form 5500 · updated monthly

Gislason & Hunter LLP401(k)

GISLASON & HUNTER LLP 401(K) PROFIT SHARING PLAN · NEW ULM, MN · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Gislason & Hunter LLP reported $67,379 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $8,921 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,096th of 1,918), and 6,743rd of 11,654 in professional & technical services. In 2022, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,339,378
Participants with balances92
Active participants42
Employer contributions$374,677
Employee contributions$416,515
Employer contribution per active participant$8,921
Average account balance$155,863
Benefits paid to participants$930,995
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$35,113
Professional / advisory$32,240
Total administrative$67,379
The Gislason & Hunter LLP 401(k) match · 2022
Employer contribution per active participant$8,921
Median for plans this size$2,266

Gislason & Hunter LLP's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$67,379 · 0.43%
Similar plansProfessional & Technical Services · Minnesota
Ecapital Advisors, LLC MN$15.4M · 0.01%
Ema Group, Inc. MN$14.4M · 0.02%
Sambatek, LLC MN$14.0M · 0.54%
Cybertrol Engineering LLC MN$13.8M · 0.29%
Dc Group, Inc. MN$13.7M · 0.57%
Learners Edge, LLC MN$13.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410832673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.