Plan Ledger DOL Form 5500 · updated monthly

Nystrom & Associates, LTD.401(k)

NYSTROM & ASSOCIATES, LTD. 401(K) PLAN · NEW BRIGHTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Nystrom & Associates, LTD. reported $230,723 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $424 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 0.49% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 509th-largest of 1,918 plans among Minnesota employers on file, and the 1,929th of 11,911 in health care & social assistance. In 2024, employees put in $8.35 for every $1.00 the employer contributed; active participation has grown from 1,474 to 1,832 since 2022.

Plan summary
Net assets, end of year$47,925,356
Participants with balances2,241
Active participants1,832
Employer contributions$776,658
Employee contributions$6,482,348
Employer contribution per active participant$424
Average account balance$21,386
Benefits paid to participants$4,723,963
Plan auditUnmodified (clean) audit opinion
AuditorELLINGSON & ELLINGSON LTD
Plan history3
Yearassets · accounts · employer contribution
2024$47.9M · 2,241 accts · $777K emplr
2023$39.0M · 2,009 accts · $654K emplr
2022$30.3M · 1,751 accts · $621K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,667
Investment management$16,056
Total administrative$230,723
The Nystrom & Associates, LTD. 401(k) match · 2024
Employer contribution per active participant$424
Median for plans this size$2,416
2024$424 per active participant
2023$385 per active participant
2022$421 per active participant

Nystrom & Associates, LTD.'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 · 20244
TRUST POINT INC · Recordkeeping · Trustee$170,127
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$44,540
MMA SECURITIES LLC · Consulting$16,056
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024TRUST POINT INC, Transamerica
2023TRUST POINT INC

This plan has changed recordkeepers within these filings. If you left Nystrom & Associates, LTD. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$230,723 · 0.53%
2023$195,526 · 0.56%
2022$156,945 · 0.49%
Same employer
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Minnesota Urology P.A. MN$54.2M · 0.41%
St. Paul Eye Clinic, P.A. MN$52.7M · 0.00%
Cirtec Medical Corporation MN$52.1M · 0.43%
Astera Health MN$46.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411700376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.