Plan Ledger DOL Form 5500 · updated monthly

Metroplains Management, LLC401(k)

METROPLAINS EMPLOYEES SAVINGS PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Metroplains Management, LLC reported $7,602 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,934 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 0.08% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Dakota (145th of 279), and the 887th of 2,096 in real estate & leasing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,081,823
Participants with balances251
Active participants187
Employer contributions$361,632
Employee contributions$680,844
Employer contribution per active participant$1,934
Average account balance$56,103
Benefits paid to participants$610,477
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 251 accts · $362K emplr
2023$12.3M · 280 accts · $325K emplr
2022$11.4M · 326 accts · $337K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,602
Total administrative$7,602
The Metroplains Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,934
Median for plans this size$2,416
2024$1,934 per active participant
2023$1,618 per active participant
2022$1,802 per active participant

Metroplains Management, LLC's 2024 employer contribution ran below 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$7,602

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 Metroplains Management, LLC 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$7,602 · 0.06%
2023$13,287 · 0.11%
2022$10,043 · 0.08%
Same employer
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Centerspace, LP ND$26.5M · 0.19%
The Title Team Co ND$25.3M · 0.45%
Persevere, LLC IL$14.2M · 0.22%
Marquette Management, Inc. IL$14.1M · 0.56%
National Funding, Inc. CA$14.1M · 0.58%
John L. Scott, Inc. WA$14.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050617476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.