Plan Ledger DOL Form 5500 · updated monthly

Midwest Special Services Inc401(k)

MSS 401(K) PLAN · ST PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Midwest Special Services Inc reported $25,572 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,107 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 rose from 0.36% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,452nd of 1,918), and 6,872nd of 11,911 in health care & social assistance. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 79 to 115 since 2022.

Plan summary
Net assets, end of year$7,000,510
Participants with balances133
Active participants115
Employer contributions$127,362
Employee contributions$339,449
Employer contribution per active participant$1,107
Average account balance$52,635
Benefits paid to participants$628,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 133 accts · $127K emplr
2023$6.3M · 126 accts · $89K emplr
2022$5.3M · 117 accts · $83K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$25,572
Total administrative$25,572
The Midwest Special Services Inc 401(k) match · 2024
Employer contribution per active participant$1,107
Median for plans this size$1,313
2024$1,107 per active participant
2023$751 per active participant
2022$1,056 per active participant

Midwest Special Services Inc's 2024 employer contribution ran below the $1,313 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 · 20242
MINNESOTA LIFE INSURANCE COMPANY · Claims processing · Recordkeeping$31,598
COMMONWEALTH FINANCIAL · Investment advisory (plan)$21,564

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

Recordkeeper by year2
2024Securian
2023Securian

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

Administrative cost history3
2024$25,572 · 0.38%
2023$21,735 · 0.37%
2022$20,497 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Excel Mso, LLC MN$7.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410746072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.