Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Anesthesia Network, LLP401(k)

METROPOLITAN ANESTHESIA NETWORK PROFIT SHARING PLAN · PLYMOUTH, 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

Metropolitan Anesthesia Network, LLP reported $306,468 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $23,815 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 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 98th-largest of 1,918 plans among Minnesota employers on file, and the 399th of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$391,114,486
Participants with balances657
Active participants554
Employer contributions$13,193,662
Employee contributions$10,169,752
Employer contribution per active participant$23,815
Average account balance$595,304
Benefits paid to participants$23,608,682
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$391.1M · 657 accts · $13.2M emplr
2023$330.2M · 644 accts · $12.6M emplr
2022$274.0M · 618 accts · $11.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,506
Investment management$263,962
Total administrative$306,468
The Metropolitan Anesthesia Network, LLP 401(k) match · 2024
Employer contribution per active participant$23,815
Median for plans this size$4,294
2024$23,815 per active participant
2023$23,620 per active participant
2022$20,901 per active participant

Metropolitan Anesthesia Network, LLP's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202412
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$45,137
PUNCH & ASSOC INVESTMENT MANAG · Investment advisory (participants)$115,046
ADVANCED CAPITAL GROUP INC · Investment advisory (participants)$31,170
MURPHY POHLAD ASSET MANAGEMENT · Investment advisory (participants)$16,997
INTELLICENTS INVESTMENT · Investment advisory (participants)$16,860
KOVITZ INVESTMENT GROUP PARTNE · Investment advisory (participants)$16,215
BANNERSTONE CAPITAL MANAGEMENT · Investment advisory (participants)$15,407
COMPASS CAPITAL MANAGEMENT INC · Investment advisory (participants)$13,605
GUARDIAN WEALTH ADVISORS LLC · Investment advisory (participants)$9,710
CAHILL FINANCIAL ADVISORS INC · Investment advisory (participants)$6,338
CHARLES SCHWAB & CO., INC. · Securities brokerage$5,887
GHP INVESTMENT ADVISORS INC · Investment advisory (participants)$5,675

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$306,468 · 0.08%
2023$260,365 · 0.09%
2022$317,612 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Regions Hospital MN$602.0M · 0.06%
St Luke's Hospital of Duluth MN$422.9M · 0.07%
Beaver Medical Group, P.C. MN$319.0M · 0.02%
Olmsted Medical Center MN$303.4M · 0.09%
Mngi Digestive Health, P.A. MN$302.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411524692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.