Plan Ledger DOL Form 5500 · updated monthly

Prairie Field Services, LLC401(k)

PRAIRIE FIELD SERVICES 401(K) PLAN · WAYZATA, MN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Prairie Field Services, LLC reported $6,238 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,176 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 0.16% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Minnesota (1,727th of 1,918), and 4,594th of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,963,004
Participants with balances77
Active participants103
Employer contributions$224,147
Employee contributions$475,193
Employer contribution per active participant$2,176
Average account balance$38,481
Benefits paid to participants$742,980
Plan auditUnmodified (clean) audit opinion
AuditorBGM CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 77 accts · $224K emplr
2023$2.6M · 115 accts · $182K emplr
2022$1.9M · 116 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,238
Total administrative$6,238
The Prairie Field Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,176
Median for plans this size$1,313
2024$2,176 per active participant
2023$1,978 per active participant
2022$1,860 per active participant

Prairie Field Services, LLC'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.

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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$19,411

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Prairie Field Services, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,238 · 0.23%
2023$3,198 · 0.14%
2022$3,142 · 0.16%
Same employer
Similar plansFinance & Insurance · Minnesota
Nexben, Inc. MN$5.6M · 0.29%
Waseca Bancshares MN$5.1M · 0.54%
Epl II, LLC MO$3.0M · 1.23%
Jerry Services Inc. CA$3.0M · 0.12%
True Link Financial, Inc. CA$3.0M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452204891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.