Plan Ledger DOL Form 5500 · updated monthly

Minmor Industries, LLC401(k)

MINMOR INDUSTRIES, LLC 401(K) PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.08%

Minmor Industries, LLC reported $11,389 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. 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 0.08% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,195th of 1,918), and 7,999th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$12,109,470
Participants with balances130
Active participants98
Employer contributions—
Employee contributions$399,833
Employer contribution per active participant—
Average account balance$93,150
Benefits paid to participants$1,247,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 139 accts · $198K emplr
2023$11.2M · 131 accts
2022$12.1M · 130 accts
Administrative expenses, itemized · 2022
Professional / advisory$11,389
Total administrative$11,389
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$12,627 · 0.11%
2023$9,107 · 0.08%
2022$11,389 · 0.08%
Same employer
Similar plansManufacturing · Minnesota
Alula, LLC MN$12.3M · 0.27%
Sunrich Products MN$12.2M · 0.23%
Electromed, Inc. MN$11.5M · 0.31%
Jonti-Craft, Inc. MN$11.5M · 0.49%
Fey Industries, Inc. MN$11.4M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202075274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.