Plan Ledger DOL Form 5500 · updated monthly

Scantron Corporation401(k)

SCANTRON CORPORATION 401(K) PLAN · EAGAN, MN · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Scantron Corporation reported $78,013 in plan administrative expenses for 2022: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,401 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 0.08% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 334th-largest of 1,918 plans among Minnesota employers on file, and the 1,785th of 11,654 in professional & technical services. In 2022, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,492,946
Participants with balances636
Active participants463
Employer contributions$1,574,894
Employee contributions$3,201,933
Employer contribution per active participant$3,401
Average account balance$129,706
Benefits paid to participants$15,205,826
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$68.9M · 604 accts · $1.3M emplr
2023$78.8M · 644 accts · $1.4M emplr
2022$82.5M · 636 accts · $1.6M emplr
The Scantron Corporation 401(k) match · 2022
Employer contribution per active participant$3,401
Median for plans this size$3,449
2024$3,188 per active participant
2023$2,827 per active participant
2022$3,401 per active participant

Scantron Corporation's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$97,425 · 0.13%
2023$85,487 · 0.11%
2022$78,013 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Maslon, LLP MN$84.4M · 0.08%
I & S Group, Inc. MN$75.8M · 0.01%
Foley & Mansfield, Pllp MN$73.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952767912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.