Plan Ledger DOL Form 5500 · updated monthly

Jewish Family and Children's Service of MinneapolisDC plan

JEWISH FAMILY AND CHILDREN'S SERVICES OF MINNEAPOLIS 401(K) PROFIT SHARING PLAN · GOLDEN VALLEY, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Jewish Family and Children's Service of Minneapolis reported $1,755 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,678 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 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,447th of 1,918), and 2,009th of 3,341 in other services. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 103 to 129 since 2022.

Plan summary
Net assets, end of year$7,073,758
Participants with balances171
Active participants129
Employer contributions$216,416
Employee contributions$390,175
Employer contribution per active participant$1,678
Average account balance$41,367
Benefits paid to participants$1,172,538
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 171 accts · $216K emplr
2023$6.6M · 203 accts · $193K emplr
2022$6.2M · 197 accts · $182K emplr
Employer contributions to the Jewish Family and Children's Service of Minneapolis plan · 2024
Employer contribution per active participant$1,678
Median for plans this size$1,313
2024$1,678 per active participant
2023$1,560 per active participant
2022$1,771 per active participant

Jewish Family and Children's Service of Minneapolis's 2024 employer contribution ran above 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.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,206

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,755 · 0.03%
2023$676 · 0.01%
2022$1,294 · 0.02%
Similar plansOther Services · Minnesota
Speedy Novus Glass LLC MN$7.6M · 0.58%
Aeon MN$7.3M · 0.35%
Safenet Consulting Inc MN$7.0M · 0.69%
Simonson's Salon & Spa MN$6.5M · 0.54%
The Arc Minnesota, Inc. MN$6.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.