Plaisted Companies, Inc.401(k)
PLAISTED COMPANIES, INC. 401(K) PROFIT SHARING PLAN · ELK RIVER, MN · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Plaisted Companies, Inc. reported $25,869 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,415 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 0.18% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Minnesota (1,348th of 1,918), and 434th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has shrunk from 144 to 129 since 2022.
Plaisted Companies, Inc.'s 2024 employer contribution ran above 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 411668279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.