Plan Ledger DOL Form 5500 · updated monthly

Saturn of St. Paul, Inc.401(k)

SATURN OF ST. PAUL SALARY DEFERRAL 401(K) PROFIT SHARING PLAN · WHITE BEAR LAKE, MN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Saturn of St. Paul, Inc. reported $50,590 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $909 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 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,333rd of 1,918), and 2,723rd of 5,215 in retail trade. In 2024, employees put in $3.73 for every $1.00 the employer contributed; active participation has shrunk from 219 to 170 since 2022.

Plan summary
Net assets, end of year$9,523,473
Participants with balances500
Active participants170
Employer contributions$154,499
Employee contributions$575,921
Employer contribution per active participant$909
Average account balance$19,047
Benefits paid to participants$880,957
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 500 accts · $154K emplr
2023$8.6M · 508 accts · $179K emplr
2022$7.0M · 447 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,590
Total administrative$50,590
The Saturn of St. Paul, Inc. 401(k) match · 2024
Employer contribution per active participant$909
Median for plans this size$1,313
2024$909 per active participant
2023$805 per active participant
2022$842 per active participant

Saturn of St. Paul, 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$44,586

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$50,590 · 0.56%
2023$23,734 · 0.31%
2022$41,404 · 0.55%
Same employer
Similar plansRetail Trade · Minnesota
Park Jeep, Inc. MN$10.6M · 0.48%
Bold Orange Company, LLC MN$10.2M · 0.31%
Dennis Kirk, Inc. MN$9.4M · 0.22%
Km Supermarkets, Inc. MN$8.4M · 0.36%
Fluid Interiors, LLC MN$8.0M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411676172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.