Plan Ledger DOL Form 5500 · updated monthly

Howry Residential Services, Inc.401(k)

HOWRY RESIDENTIAL SERVICES 401(K) PLAN · ST PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Howry Residential Services, Inc. reported $38,547 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $826 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 1.20% to 1.35%. 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 (1,716th of 1,918), and 9,173rd of 11,911 in health care & social assistance. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,110,893
Participants with balances192
Active participants169
Employer contributions$139,585
Employee contributions$311,960
Employer contribution per active participant$826
Average account balance$16,203
Benefits paid to participants$262,821
Plan auditQualified audit opinion
AuditorMADSEN, O'MEARA AND COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 192 accts · $140K emplr
2023$2.6M · 189 accts · $134K emplr
2022$2.0M · 205 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,547
Total administrative$38,547
The Howry Residential Services, Inc. 401(k) match · 2024
Employer contribution per active participant$826
Median for plans this size$1,313
2024$826 per active participant
2023$811 per active participant
2022$401 per active participant

Howry Residential Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$38,547 · 1.35%
2023$28,730 · 1.24%
2022$27,389 · 1.20%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Hiawatha Homes, Inc. MN$3.3M · 0.06%
Park Avenue Center, Inc. MN$3.2M · 0.80%
Vail Place MN$2.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411954167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.