Southeastern Minnesota Center for Independent Living, Inc.403(b)

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

Southeastern Minnesota Center for Independent Living, Inc. reported $33,111 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $249 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 fell from 0.95% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,646th of 1,918), and 8,380th of 11,911 in health care & social assistance. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 322 to 392 since 2022.