Plan Ledger DOL Form 5500 · updated monthly

Meagher & Geer, P.L.L.P.401(k)

MEAGHER & GEER P.L.L.P. PROFIT SHARING PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Meagher & Geer, P.L.L.P. reported $62,760 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,613 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 fell from 0.18% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 490th-largest of 1,918 plans among Minnesota employers on file, and the 2,727th of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 112 to 130 since 2022.

Plan summary
Net assets, end of year$50,860,736
Participants with balances200
Active participants130
Employer contributions$469,630
Employee contributions$1,061,275
Employer contribution per active participant$3,613
Average account balance$254,304
Benefits paid to participants$3,593,086
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 200 accts · $470K emplr
2023$46.7M · 165 accts · $471K emplr
2022$44.9M · 174 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,643
Investment management$17,117
Total administrative$62,760
The Meagher & Geer, P.L.L.P. 401(k) match · 2024
Employer contribution per active participant$3,613
Median for plans this size$2,416
2024$3,613 per active participant
2023$3,765 per active participant
2022$3,874 per active participant

Meagher & Geer, P.L.L.P.'s 2024 employer contribution ran above the $2,416 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$46,915
SAVANT CAPITAL LLC · Investment advisory (participants)$7,634
CHARLES SCHWAB & CO., INC. · Securities brokerage$125

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$62,760 · 0.13%
2023$62,474 · 0.14%
2022$90,916 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Sagitec Solutions, LLC MN$56.6M · 0.39%
Bwbr Architects, Inc. MN$55.8M · 0.16%
Nilan Johnson Lewis PA MN$51.9M · 0.14%
Naviga Inc. MN$50.0M · 0.07%
Ovative Group LLC MN$49.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410726610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.