Plan Ledger DOL Form 5500 · updated monthly

Opportunity Partners, Inc.403(b)

OPPORTUNITY PARTNERS RETIREMENT PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Opportunity Partners, Inc. reported $64,946 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $301 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 0.42% to 0.45%. 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 among the smaller plans on file in Minnesota (1,071st of 1,918), and the 4,485th of 11,911 in health care & social assistance. In 2024, employees put in $6.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,041,495
Participants with balances301
Active participants332
Employer contributions$99,917
Employee contributions$682,479
Employer contribution per active participant$301
Average account balance$49,972
Benefits paid to participants$1,022,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 301 accts · $100K emplr
2023$13.5M · 300 accts · $94K emplr
2022$12.3M · 308 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,946
Total administrative$64,946
Employer contributions to the Opportunity Partners, Inc. plan · 2024
Employer contribution per active participant$301
Median for plans this size$2,416
2024$301 per active participant
2023$288 per active participant
2022$286 per active participant

Opportunity Partners, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,945
USI ADVISORS, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$64,946 · 0.45%
2023$74,186 · 0.57%
2022$59,631 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Woodland Centers MN$15.4M · 0.44%
Creekside Companies, Inc. MN$15.2M · 0.48%
Rise, Inc. MN$15.0M · 0.04%
Acr Homes, Inc. MN$14.9M · 0.67%
Sholom Community Alliance MN$14.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410737221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.