Plan Ledger DOL Form 5500 · updated monthly

Interstate Companies, Inc.401(k)

INTERSTATE AND ISTATE 401(K) PROFIT SHARING PLAN · EAGAN, MN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Interstate Companies, Inc. reported $249,317 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,320 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 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 280th-largest of 1,918 plans among Minnesota employers on file, and the 1,515th of 11,654 in professional & technical services. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,574,806
Participants with balances1,749
Active participants1,553
Employer contributions$2,050,605
Employee contributions$7,987,996
Employer contribution per active participant$1,320
Average account balance$56,932
Benefits paid to participants$10,979,885
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & COMPANY PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$99.6M · 1,749 accts · $2.1M emplr
2023$88.1M · 1,701 accts · $2.0M emplr
2022$71.3M · 1,641 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$193,692
Investment management$55,625
Total administrative$249,317
The Interstate Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$3,635
2024$1,320 per active participant
2023$1,262 per active participant
2022$1,074 per active participant

Interstate Companies, Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$214,092
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$55,625

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$249,317 · 0.27%
2023$192,762 · 0.24%
2022$204,596 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Sch Services, Inc. MN$119.4M · 0.04%
Srf Consulting Group, Inc. MN$101.5M · 0.05%
ONE10 LLC MN$98.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411634358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.