Plan Ledger DOL Form 5500 · updated monthly

St. Cloud Orthopedic Associates, LTD.401(k)

ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN · SARTELL, MN · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

St. Cloud Orthopedic Associates, LTD. reported $70,449 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,506 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 0.00% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 529th-largest of 1,918 plans among Minnesota employers on file, and the 2,026th of 11,911 in health care & social assistance. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,452,133
Participants with balances180
Active participants133
Employer contributions$466,314
Employee contributions$1,031,498
Employer contribution per active participant$3,506
Average account balance$252,512
Benefits paid to participants$4,378,654
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$45.5M · 180 accts · $466K emplr
2023$41.1M · 189 accts · $452K emplr
2022$39.1M · 191 accts · $909K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,449
Total administrative$70,449
The St. Cloud Orthopedic Associates, LTD. 401(k) match · 2024
Employer contribution per active participant$3,506
Median for plans this size$2,416
2024$3,506 per active participant
2023$3,324 per active participant
2022$6,838 per active participant

St. Cloud Orthopedic Associates, LTD.'s 2024 employer contribution ran above the $2,416 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$53,690
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$16,764

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

Administrative cost history3
2024$70,449 · 0.16%
2023$47,879 · 0.12%
2022$1,938 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
St. Paul Eye Clinic, P.A. MN$52.7M · 0.00%
Cirtec Medical Corporation MN$52.1M · 0.43%
Nystrom & Associates, LTD. MN$47.9M · 0.53%
Astera Health MN$46.1M · 0.26%
Lifecare Medical Center MN$45.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410966155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.