Plan Ledger DOL Form 5500 · updated monthly

Minnesota United Soccer Club, LLC401(k)

MINNESOTA UNITED SOCCER CLUB, LLC 401(K) PROFIT SHARING PLAN & TRUST · GOLDEN VALLEY, MN · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Minnesota United Soccer Club, LLC reported $21,268 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,580 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 0.48% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Minnesota (1,570th of 1,918), and 918th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 387 to 157 since 2022.

Plan summary
Net assets, end of year$5,233,668
Participants with balances175
Active participants157
Employer contributions$405,019
Employee contributions$693,371
Employer contribution per active participant$2,580
Average account balance$29,907
Benefits paid to participants$816,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 175 accts · $405K emplr
2023$4.3M · 165 accts · $370K emplr
2022$2.9M · 135 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,268
Total administrative$21,268
The Minnesota United Soccer Club, LLC 401(k) match · 2024
Employer contribution per active participant$2,580
Median for plans this size$1,313
2024$2,580 per active participant
2023$879 per active participant
2022$694 per active participant

Minnesota United Soccer Club, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
MAP RETIREMENT USA LLC · Contract administrator$6,421
EMPOWER ADVISORY GROUP, LLC · Investment management$3,597

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$21,268 · 0.44%
2023$14,766 · 0.41%
2022$13,339 · 0.48%
Same employer
Similar plansArts, Entertainment & Recreation · Minnesota
Foss Swim School, LLC MN$8.3M · 0.71%
King Show Games, Inc. MN$7.0M · 0.01%
Snap Fitness, Inc. MN$6.2M · 0.96%
Upper Sioux Community MN$5.1M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465227563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.