Plan Ledger DOL Form 5500 · updated monthly

Loffler Companies, Inc.401(k)

LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN · ST. LOUIS PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Loffler Companies, Inc. reported $48,933 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,150 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 422nd-largest of 1,918 plans among Minnesota employers on file, and the 914th of 5,337 in construction. In 2024, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,721,924
Participants with balances681
Active participants486
Employer contributions$1,044,748
Employee contributions$3,134,266
Employer contribution per active participant$2,150
Average account balance$89,166
Benefits paid to participants$7,384,783
Plan auditUnmodified (clean) audit opinion
AuditorFOLEY KALSEIM & COMPANY, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$60.7M · 681 accts · $1.0M emplr
2023$56.4M · 747 accts · $1.0M emplr
2022$45.7M · 722 accts · $966K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,933
Total administrative$48,933
The Loffler Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,150
Median for plans this size$3,635
2024$2,150 per active participant
2023$1,918 per active participant
2022$1,836 per active participant

Loffler Companies, Inc.'s 2024 employer contribution ran below the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$189,076

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Loffler Companies, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,933 · 0.08%
2023$38,465 · 0.08%
2022$35,761 · 0.07%
Same employer
Similar plansConstruction · Minnesota
Omni Workspace Company LLC MN$55.5M · 0.06%
Central Specialties, Inc. MN$54.9M · 0.27%
Kraemer North America, LLC MN$53.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411564863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.