Plan Ledger DOL Form 5500 · updated monthly

Nextten Stauer, LLC401(k)

NEXTTEN STAUER, LLC 401(K) PLAN · BURNSVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Nextten Stauer, LLC reported $42,539 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,029 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 0.17% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,264th of 1,918), and 2,821st of 4,246 in wholesale trade. In 2024, employees put in $4.61 for every $1.00 the employer contributed; active participation has shrunk from 172 to 152 since 2022.

Plan summary
Net assets, end of year$10,750,270
Participants with balances173
Active participants152
Employer contributions$156,340
Employee contributions$720,644
Employer contribution per active participant$1,029
Average account balance$62,140
Benefits paid to participants$988,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 173 accts · $156K emplr
2023$9.7M · 148 accts · $127K emplr
2022$9.2M · 162 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,059
Investment management$25,480
Total administrative$42,539
The Nextten Stauer, LLC 401(k) match · 2024
Employer contribution per active participant$1,029
Median for plans this size$2,416
2024$1,029 per active participant
2023$776 per active participant
2022$523 per active participant

Nextten Stauer, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
USI ADVISORS INC · Investment advisory (plan)$19,668
EMPOWER ADVISORY GROUP, LLC · Investment management$5,812

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$42,539 · 0.42%
2023$19,842 · 0.21%
2022$16,915 · 0.17%
Same employer
Similar plansWholesale Trade · Minnesota
Olympia Tile (USA), Inc. MN$13.1M · 0.21%
Alpha Video and Audio, Inc. MN$12.3M · 0.01%
Dooley's Petroleum, Inc. MN$11.8M · 0.41%
The Prophet Corporation MN$10.7M · 0.58%
W.P. & R.S. Mars Company MN$10.6M · 0.18%
Henrys Foods, Inc. MN$10.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412040483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.