Plan Ledger DOL Form 5500 · updated monthly

St Pauls Outreach Inc401(k)

ST PAULS OUTREACH INC 401(K) PROFIT SHARING PLAN & TRUST · MENDOTA HEIGHTS, MN · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

St Pauls Outreach Inc reported $27,581 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,662 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 3 years on file its reported administrative ratio has held roughly steady near 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,690th of 1,918), and 2,552nd of 3,341 in other services. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,527,923
Participants with balances121
Active participants142
Employer contributions$236,050
Employee contributions$370,604
Employer contribution per active participant$1,662
Average account balance$29,156
Benefits paid to participants$374,816
Plan auditUnmodified (clean) audit opinion
AuditorABDO
Plan history2
Yearassets · accounts · employer contribution
2024$3.5M · 121 accts · $236K emplr
2022$2.2M · 134 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,177
Investment management$13,544
Trustee / custodial$860
Total administrative$27,581
The St Pauls Outreach Inc 401(k) match · 2024
Employer contribution per active participant$1,662
Median for plans this size$1,313
2024$1,662 per active participant
2022$1,548 per active participant

St Pauls Outreach Inc'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 · 20242
PAYCHEX, INC. · Recordkeeping$10,292
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$13,544

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

Administrative cost history2
2024$27,581 · 0.85%
2022$18,399 · 0.83%
Similar plansOther Services · Minnesota
Carr's Tree Service, Inc. MN$2.7M · 0.43%
Dalco Enterprises, Inc. MN$1.7M · 1.82%
W Peyton Company MN$1.4M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411621192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.