Plan Ledger DOL Form 5500 · updated monthly

Pohlad Companies, LLC401(k)

POHLAD COMPANIES RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pohlad Companies, LLC reported $243,394 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,745 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 0.06% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 105th-largest of 1,918 plans among Minnesota employers on file, and the 104th of 786 in management of companies. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$371,355,074
Participants with balances2,013
Active participants1,358
Employer contributions$10,517,422
Employee contributions$13,821,935
Employer contribution per active participant$7,745
Average account balance$184,478
Benefits paid to participants$35,638,138
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$371.4M · 2,013 accts · $10.5M emplr
2023$331.1M · 2,000 accts · $8.6M emplr
2022$285.6M · 1,939 accts · $11.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,973
Investment management$61,921
Total administrative$243,394
The Pohlad Companies, LLC 401(k) match · 2024
Employer contribution per active participant$7,745
Median for plans this size$4,294
2024$7,745 per active participant
2023$6,297 per active participant
2022$8,714 per active participant

Pohlad Companies, LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$135,907
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Investment management$41,733
GALLAGHER BENEFIT SERVICES INC DBA$20,188
QDRO CONSULTANTS COMPANY, LLC · Consulting$1,500

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$243,394 · 0.07%
2023$258,265 · 0.08%
2022$198,313 · 0.06%
Same employer
Similar plansManagement of Companies · Minnesota
Patterson Companies, Inc. MN$999.1M · 0.03%
Pentair Inc MN$909.7M · 0.06%
Granite Equity Partners MN$283.4M · 0.06%
The Churchill Companies MN$216.8M · 0.06%
Kindeva Drug Delivery L.P. MN$106.4M · 0.22%
The Goodman Group, Inc. MN$79.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371452807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.