Plan Ledger DOL Form 5500 · updated monthly

Golf Stix dba 2ND Swing Golf401(k)

2ND SWING GOLF 401K PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Golf Stix dba 2ND Swing Golf reported $5,387 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,428 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 0.05% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,265th of 1,918), and the 2,503rd of 5,215 in retail trade. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 240 to 264 since 2022.

Plan summary
Net assets, end of year$10,721,019
Participants with balances311
Active participants264
Employer contributions$1,432,932
Employee contributions$883,132
Employer contribution per active participant$5,428
Average account balance$34,473
Benefits paid to participants$458,285
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 311 accts · $1.4M emplr
2023$8.0M · 297 accts · $1.1M emplr
2022$5.8M · 367 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,387
Total administrative$5,387
The Golf Stix dba 2ND Swing Golf 401(k) match · 2024
Employer contribution per active participant$5,428
Median for plans this size$1,313
2024$5,428 per active participant
2023$4,581 per active participant
2022$4,753 per active participant

Golf Stix dba 2ND Swing Golf's 2024 employer contribution ran above the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$5,387
ADP BROKER-DEALER · Other servicesindirect comp
CETERA ADVISOR NETWORKS · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,387 · 0.06%
2023$8,107 · 0.12%
2022$2,827 · 0.05%
Same employer
Similar plansRetail Trade · Minnesota
Jnd Holdings, Inc. MN$11.5M · 0.56%
North Star Holdco, Inc. MN$11.1M · 0.49%
Park Jeep, Inc. MN$10.6M · 0.48%
Bold Orange Company, LLC MN$10.2M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205332708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.