Plan Ledger DOL Form 5500 · updated monthly

Governmental and Educational Assistance Corporation401(k)

VISTA PRAIRIE COMMUNITIES RETIREMENT PLAN · BROOKLYN PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Governmental and Educational Assistance Corporation reported $25,679 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $426 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 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,614th of 1,918), and 8,091st of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 299 to 597 since 2022.

Plan summary
Net assets, end of year$4,684,604
Participants with balances172
Active participants597
Employer contributions$254,228
Employee contributions$521,834
Employer contribution per active participant$426
Average account balance$27,236
Benefits paid to participants$487,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 172 accts · $254K emplr
2023$3.8M · 145 accts · $194K emplr
2022$3.3M · 141 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,266
Investment management$13,413
Total administrative$25,679
The Governmental and Educational Assistance Corporation 401(k) match · 2024
Employer contribution per active participant$426
Median for plans this size$1,313
2024$426 per active participant
2023$382 per active participant
2022$552 per active participant

Governmental and Educational Assistance Corporation's 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$26,669
MHS ADVISORY SERVICES · Investment advisory (plan)$13,413

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Governmental and Educational Assistance Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,679 · 0.61%
2023$19,893 · 0.56%
2022$22,089 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Tasks Unlimited, Inc. MN$4.7M · 0.57%
Jeremiah Program MN$4.6M · 0.38%
Youable Emotional Health MN$4.5M · 0.85%
The Family Partnership MN$4.5M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621691489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.