Plan Ledger DOL Form 5500 · updated monthly

Minnesota Womens Care PA401(k)

MINNESOTA WOMENS CARE PA 401K PROFIT SHARING & TRUST PLAN · MAPLEWOOD, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Minnesota Womens Care PA reported $1,353 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,677 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 0.06% to 0.03%. 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 (1,507th of 1,918), and 7,322nd of 11,911 in health care & social assistance. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 145 to 165 since 2022.

Plan summary
Net assets, end of year$6,039,612
Participants with balances207
Active participants165
Employer contributions$441,659
Employee contributions$784,282
Employer contribution per active participant$2,677
Average account balance$29,177
Benefits paid to participants$132,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 207 accts · $442K emplr
2023$6.0M · 207 accts · $442K emplr
2022$4.1M · 172 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,281
Trustee / custodial$72
Total administrative$1,353
The Minnesota Womens Care PA 401(k) match · 2024
Employer contribution per active participant$2,677
Median for plans this size$1,313
2024$2,677 per active participant
2023$2,677 per active participant
2022$2,352 per active participant

Minnesota Womens Care PA'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.

Administrative cost history3
2024$1,353 · 0.03%
2023$1,353 · 0.03%
2022$2,453 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Our Lady of Peace MN$6.3M · 0.69%
Smdc Medical Center MN$6.0M · 0.02%
Accurate Home Care, LLC MN$5.9M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455532183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.