Plan Ledger DOL Form 5500 · updated monthly

Handy Help, LLC401(k)

HANDY HELP, LLC PROFIT SHARING PLAN · ST. PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
1.05%

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

Handy Help, LLC reported $13,161 in plan administrative expenses for 2023: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,275 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 has held roughly steady near 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,828th of 1,918), and 10,549th of 11,911 in health care & social assistance. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,402,264
Participants with balances96
Active participants90
Employer contributions$114,749
Employee contributions$180,973
Employer contribution per active participant$1,275
Average account balance$14,607
Benefits paid to participants$172,457
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.4M · 96 accts · $115K emplr
2022$1.1M · 100 accts · $120K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,216
Investment management$5,945
Total administrative$13,161
The Handy Help, LLC 401(k) match · 2023
Employer contribution per active participant$1,275
Median for plans this size$1,308
2023$1,275 per active participant
2022$1,360 per active participant

Handy Help, LLC's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$7,215
THE L'ESPERANCE GROUP LLC · Investment advisory (plan)$5,943
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$13,161 · 1.05%
2022$11,529 · 1.08%
Similar plansHealth Care & Social Assistance · Minnesota
Tealwood Management, LLC MN$1.7M · 0.98%
River Oaks of Minnesota MN$1.5M · 1.39%
Warroad Care Center Inc MN$1.3M · 0.47%
Horizon Health, Inc. MN$1.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264457487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.