Plan Ledger DOL Form 5500 · updated monthly

Minnesota Orchestral Association401(k)

MINNESOTA ORCHESTRAL ASSOCIATION DEFINED CONTRIBUTION RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Minnesota Orchestral Association reported $24,023 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,309 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 0.23% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Minnesota (1,103rd of 1,918), and the 538th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,252,713
Participants with balances401
Active participants258
Employer contributions$337,848
Employee contributions$641,367
Employer contribution per active participant$1,309
Average account balance$35,543
Benefits paid to participants$788,912
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 401 accts · $338K emplr
2023$12.5M · 376 accts · $295K emplr
2022$10.2M · 330 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,523
Investment management$5,500
Total administrative$24,023
The Minnesota Orchestral Association 401(k) match · 2024
Employer contribution per active participant$1,309
Median for plans this size$2,416
2024$1,309 per active participant
2023$1,150 per active participant
2022$928 per active participant

Minnesota Orchestral Association'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 · 20242
T. ROWE PRICE RETIREMENT PLAN SERVI · Plan administrator$18,523
WILLIAMS GROUP · Investment advisory (plan)$5,500

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

Administrative cost history3
2024$24,023 · 0.18%
2023$23,365 · 0.21%
2022$24,628 · 0.23%
Same employer
Similar plansArts, Entertainment & Recreation · Minnesota
Walker Art Center MN$31.5M · 0.01%
Leech Lake Band of Ojibwe MN$16.9M · 0.80%
Foss Swim School, LLC MN$8.3M · 0.71%
King Show Games, Inc. MN$7.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.