Plan Ledger DOL Form 5500 · updated monthly

Holaday Circuits, Incorporated401(k)

HOLADAY CIRCUITS, INCORPORATED 401(K) PROFIT SHARING PLAN · MINNETONKA, MN · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Holaday Circuits, Incorporated reported $4,148 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $335 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 0.018% to 0.022%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (972nd of 1,918), and the 6,419th of 13,661 in manufacturing. In 2023, employees put in $9.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,679,725
Participants with balances125
Active participants130
Employer contributions$43,519
Employee contributions$431,135
Employer contribution per active participant$335
Average account balance$141,438
Benefits paid to participants$1,420,365
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 117 accts · $41K emplr
2023$17.7M · 125 accts · $44K emplr
2022$16.3M · 135 accts · $47K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,079
Investment management$2,069
Total administrative$4,148
The Holaday Circuits, Incorporated 401(k) match · 2023
Employer contribution per active participant$335
Median for plans this size$2,440
2024$323 per active participant
2023$335 per active participant
2022$357 per active participant

Holaday Circuits, Incorporated's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$4,147
ADP BROKER-DEALER · Other servicesindirect comp
TD AMERITRADE, INC. · Securities brokerageindirect 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$3,391 · 0.02%
2023$4,148 · 0.02%
2022$3,330 · 0.02%
Same employer
Similar plansManufacturing · Minnesota
Demmer Investments III, Inc MN$17.8M · 0.11%
Dalsin Industries, Inc. MN$17.8M · 0.48%
Brenk Brothers, Inc MN$17.7M · 0.23%
Cortec Corporation MN$17.7M · 0.03%
Paca, Inc. MN$16.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411269067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.