Plan Ledger DOL Form 5500 · updated monthly

Maslon, LLP401(k)

MASLON RETIREMENT AND SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Maslon, LLP reported $71,428 in plan administrative expenses for 2022: 0.08% of average plan assets, below the peer median. Employer contributions averaged $22,040 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 0.076%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 323rd-largest of 1,918 plans among Minnesota employers on file, and the 1,763rd of 11,654 in professional & technical services. In 2022, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$84,432,030
Participants with balances144
Active participants92
Employer contributions$2,027,655
Employee contributions$1,329,080
Employer contribution per active participant$22,040
Average account balance$586,334
Benefits paid to participants$6,668,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.3M · 134 accts · $1.9M emplr
2023$84.3M · 137 accts · $1.9M emplr
2022$84.4M · 144 accts · $2.0M emplr
Administrative expenses, itemized · 2022
Investment management$29,416
Total administrative$71,428
The Maslon, LLP 401(k) match · 2022
Employer contribution per active participant$22,040
Median for plans this size$3,449
2024$21,594 per active participant
2023$22,075 per active participant
2022$22,040 per active participant

Maslon, LLP's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$59,377 · 0.08%
2023$63,602 · 0.08%
2022$71,428 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Isg Difference, Inc. MN$89.6M · 0.01%
Scantron Corporation MN$82.5M · 0.08%
I & S Group, Inc. MN$75.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410648239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.