Plan Ledger DOL Form 5500 · updated monthly

Quadion LLC401(k)

QUADION RETIREMENT INVESTMENT PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.37%

Quadion LLC reported $235,174 in plan administrative expenses for 2022: 0.37% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 430th-largest of 1,918 plans among Minnesota employers on file, and the 2,826th of 13,661 in manufacturing. In 2022, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,093,859
Participants with balances649
Active participants0
Employer contributions$764,234
Employee contributions$2,891,304
Employer contribution per active participant—
Average account balance$89,513
Benefits paid to participants$13,535,082
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & COMPANY PLLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$58.1M · 649 accts · $764K emplr
Administrative expenses, itemized · 2022
Investment management$92,500
Professional / advisory$142,674
Total administrative$235,174
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$235,174 · 0.37%
Similar plansManufacturing · Minnesota
Minco Products, Inc. MN$62.3M · 0.17%
Pan-O-Gold Baking Company MN$59.6M · 0.10%
Nexen Group Inc. MN$58.4M · 0.17%
Dura Supreme LLC MN$58.0M · 0.40%
Griffiths Corporation MN$56.3M · 0.01%
Old Dutch Foods, Inc. MN$56.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460712036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.