Plan Ledger DOL Form 5500 · updated monthly

Goodwill - Easter Seals Minnesota401(k)

GOODWILL - EASTER SEALS MN 401(K) PLAN · ST PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Goodwill - Easter Seals Minnesota reported $353,649 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,123 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 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 562nd-largest of 1,918 plans among Minnesota employers on file, and the 2,185th of 11,911 in health care & social assistance. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,411,709
Participants with balances2,014
Active participants1,097
Employer contributions$1,231,385
Employee contributions$3,019,727
Employer contribution per active participant$1,123
Average account balance$20,562
Benefits paid to participants$3,837,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 2,014 accts · $1.2M emplr
2023$36.4M · 1,978 accts · $1.3M emplr
2022$26.9M · 2,018 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$221,417
Investment management$132,232
Total administrative$353,649
The Goodwill - Easter Seals Minnesota 401(k) match · 2024
Employer contribution per active participant$1,123
Median for plans this size$2,416
2024$1,123 per active participant
2023$1,039 per active participant
2022$948 per active participant

Goodwill - Easter Seals Minnesota's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EMPOWER ADVISORY GROUP, LLC · Investment management$67,232
WEALTH ADVISORY SERVICES LLC · Investment advisory (plan)$65,000

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$353,649 · 0.91%
2023$286,526 · 0.91%
2022$219,373 · 0.90%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Accanto Health, LLC MN$42.5M · 0.45%
Genevive MN$41.3M · 0.23%
Westfields Hospital MN$40.8M · 0.07%
Prairiecare, LLC MN$40.7M · 0.53%
Twin Cities Spine Center MN$39.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410706171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.