Plan Ledger DOL Form 5500 · updated monthly

Minnesota Twins, LLC401(k)

MINNESOTA TWINS PROFIT SHARING/401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Minnesota Twins, LLC reported $80,575 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,062 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 0.19% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 354th-largest of 1,918 plans among Minnesota employers on file, and the 132nd of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 561 to 736 since 2022.

Plan summary
Net assets, end of year$75,389,294
Participants with balances821
Active participants736
Employer contributions$3,725,370
Employee contributions$3,398,932
Employer contribution per active participant$5,062
Average account balance$91,826
Benefits paid to participants$4,428,882
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.4M · 821 accts · $3.7M emplr
2023$62.6M · 497 accts · $3.9M emplr
2022$45.0M · 437 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,872
Investment management$10,495
Audit (IQPA)$32,156
Total administrative$80,575
The Minnesota Twins, LLC 401(k) match · 2024
Employer contribution per active participant$5,062
Median for plans this size$3,635
2024$5,062 per active participant
2023$9,074 per active participant
2022$2,531 per active participant

Minnesota Twins, LLC's 2024 employer contribution ran above the $3,635 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 · 20247
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$37,347
RSM US LLP · Accounting / audit$21,656
GALLAGHER BENEFIT SERVICES INC DBA · Consulting$11,880
CLIFTONLARSONALLEN LLP$10,500
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$10,495
DWC ERISA CONSULTANTS LLC DBA DWC T · Contract administrator$4,872
QDRO CONSULTANTS · Consulting$300

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$80,575 · 0.12%
2023$64,490 · 0.12%
2022$92,352 · 0.19%
Same employer
Similar plansArts, Entertainment & Recreation · Minnesota
Life Time, Inc. MN$332.0M · 0.27%
Moac Mall Holdings LLC MN$62.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411519609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.