Mdu Resources Group, Inc.401(k) + ESOP (KSOP)
MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN · BISMARCK, ND · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Mdu Resources Group, Inc. reported $449,494 in plan administrative expenses for 2022: 0.03% of average plan assets, below the peer median. Employer contributions averaged $5,858 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 rose from 0.03% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other utilities employers. By assets it is the 2nd-largest of 279 plans among North Dakota employers on file, and the 37th of 412 in utilities. In 2022, employees put in $1.29 for every $1.00 the employer contributed.
Mdu Resources Group, Inc.'s 2022 employer contribution ran above the $4,897 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 301133956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.