Plan Ledger DOL Form 5500 · updated monthly

Pioneer Home, Inc.401(k)

PIONEER HOME 401(K) PLAN · FERGUS FALLS, MN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Pioneer Home, Inc. reported $30,447 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $842 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 0.12% to 0.60%. 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 (1,555th of 1,918), and 7,638th of 11,911 in health care & social assistance. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,479,935
Participants with balances350
Active participants188
Employer contributions$158,380
Employee contributions$370,877
Employer contribution per active participant$842
Average account balance$15,657
Benefits paid to participants$424,311
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILEY
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 350 accts · $158K emplr
2023$4.7M · 302 accts · $127K emplr
2022$4.1M · 256 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,234
Investment management$13,213
Total administrative$30,447
The Pioneer Home, Inc. 401(k) match · 2024
Employer contribution per active participant$842
Median for plans this size$1,313
2024$842 per active participant
2023$740 per active participant
2022$666 per active participant

Pioneer Home, Inc.'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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$13,213
MMA SECURITIES LLCindirect 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$30,447 · 0.60%
2023$5,124 · 0.12%
2022$5,356 · 0.12%
Similar plansHealth Care & Social Assistance · Minnesota
Think Small MN$5.5M · 0.76%
New Challenges, Inc. MN$5.2M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410711612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.