Plan Ledger DOL Form 5500 · updated monthly

Moss & Barnett, a Professional Association401(k)

MOSS & BARNETT PROFIT SHARING AND 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Moss & Barnett, a Professional Association reported $26,606 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $26,479 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 rose from 0.017% to 0.019%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 211th-largest of 1,918 plans among Minnesota employers on file, and the 1,098th of 11,654 in professional & technical services. In 2024, the employer put in $2.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$141,073,727
Participants with balances211
Active participants141
Employer contributions$3,733,606
Employee contributions$1,442,651
Employer contribution per active participant$26,479
Average account balance$668,596
Benefits paid to participants$15,330,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.1M · 211 accts · $3.7M emplr
2023$133.6M · 212 accts · $3.4M emplr
2022$116.8M · 198 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,183
Investment management$20,223
Total administrative$26,606
The Moss & Barnett, a Professional Association 401(k) match · 2024
Employer contribution per active participant$26,479
Median for plans this size$3,635
2024$26,479 per active participant
2023$22,556 per active participant
2022$23,953 per active participant

Moss & Barnett, a Professional Association's 2024 employer contribution ran above the $3,635 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 · 20244
WAYPOINT CAPITAL ADVISORS LLC · Investment advisory (participants)$12,145
CREATIVE PLANNING LLC · Investment advisory (participants)$8,078
CHARLES SCHWAB & CO., INC. · Securities brokerage$356

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$26,606 · 0.02%
2023$23,763 · 0.02%
2022$21,842 · 0.02%
Same employer
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Perforce Software, Inc. MN$187.4M · 0.05%
Wuxi Apptec, Inc. MN$177.8M · 0.21%
Winthrop & Weinstine, P.A. MN$149.2M · 0.11%
Merchant & Gould P.C. MN$141.9M · 0.05%
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Source: U.S. Department of Labor, Form 5500 series, EIN 410943845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.