Plan Ledger DOL Form 5500 · updated monthly

Our Lady of Peace403(b)

OUR LADY OF PEACE 403(B) PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Our Lady of Peace reported $42,169 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $971 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 3 years on file its reported administrative ratio has held roughly steady near 0.691%. 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 (1,487th of 1,918), and 7,196th of 11,911 in health care & social assistance. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 107 to 157 since 2022.

Plan summary
Net assets, end of year$6,303,087
Participants with balances104
Active participants157
Employer contributions$152,484
Employee contributions$503,047
Employer contribution per active participant$971
Average account balance$60,607
Benefits paid to participants$873,565
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 104 accts · $152K emplr
2023$5.9M · 108 accts · $123K emplr
2022$5.1M · 105 accts · $129K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,169
Total administrative$42,169
Employer contributions to the Our Lady of Peace plan · 2024
Employer contribution per active participant$971
Median for plans this size$1,313
2024$971 per active participant
2023$879 per active participant
2022$1,210 per active participant

Our Lady of Peace's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$13,137
ADVANCED ADVISOR GROUP LLC · Investment advisory (plan)$29,031

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$42,169 · 0.69%
2023$37,822 · 0.69%
2022$38,728 · 0.69%
Similar plansHealth Care & Social Assistance · Minnesota
Wingspan Life Resources MN$6.5M · 0.14%
Minnesota Womens Care PA MN$6.0M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411306947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.