Plan Ledger DOL Form 5500 · updated monthly

Park Industries, Inc.401(k)

PARK INDUSTRIES, INC. 401(K) PLAN · ST. CLOUD, MN · plan year 2024

Reported admin expense ratio · 2024
0.40%

Park Industries, Inc. reported $141,622 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. 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 0.36% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 612th-largest of 1,918 plans among Minnesota employers on file, and the 3,997th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$35,462,884
Participants with balances334
Active participants314
Employer contributions—
Employee contributions$2,238,002
Employer contribution per active participant—
Average account balance$106,176
Benefits paid to participants$7,128,111
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 334 accts
2023$34.7M · 357 accts
2022$27.5M · 339 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,884
Investment management$36,074
Trustee / custodial$33,664
Total administrative$141,622
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
BREMER BANK NATIONAL ASSOCIATION · Trustee (directed)$33,664
WHEELER RETIREMENT PLANS LLC · Investment advisory (plan)$27,980
EMPOWER ADVISORY GROUP, LLC · Investment management$8,094

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$141,622 · 0.40%
2023$89,205 · 0.29%
2022$109,717 · 0.36%
Same employer
Similar plansManufacturing · Minnesota
Anagram International, LLC MN$38.8M · 0.07%
Le Sueur, Incorporated MN$37.2M · 0.18%
Intricon Inc. MN$37.2M · 0.19%
Micro Control Company MN$36.0M · 0.22%
Edco Products, Incorporated MN$34.8M · 0.14%
Nuaire, Inc. MN$34.3M · 0.23%
Branding Iron Holdings MN$34.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410992208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.