Plan Ledger DOL Form 5500 · updated monthly

Project for Pride in Living, Inc.401(k)

403(B) THRIFT PLAN FOR PROJECT FOR PRIDE IN LIVING, INC. · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Project for Pride in Living, Inc. reported $2,671 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,313 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 0.017% to 0.024%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,197th of 1,918), and the 5,147th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,025,575
Participants with balances362
Active participants203
Employer contributions$266,541
Employee contributions$607,054
Employer contribution per active participant$1,313
Average account balance$33,220
Benefits paid to participants$1,151,144
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY ULBRICH CHRISTENSEN & RUSS,
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 362 accts · $267K emplr
2023$10.7M · 330 accts · $269K emplr
2022$9.2M · 314 accts · $237K emplr
The Project for Pride in Living, Inc. 401(k) match · 2024
Employer contribution per active participant$1,313
Median for plans this size$2,416
2024$1,313 per active participant
2023$1,340 per active participant
2022$1,274 per active participant

Project for Pride in Living, Inc.'s 2024 employer contribution ran below the $2,416 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,713

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,671 · 0.02%
2023$1,136 · 0.01%
2022$1,716 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Nuway Alliance MN$12.4M · 0.42%
Guild MN$12.1M · 0.04%
Nura, PLLC MN$11.5M · 0.24%
Mary T. Inc. MN$11.4M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237232208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.