Plan Ledger DOL Form 5500 · updated monthly

Stellis Health, P.A.401(k)

STELLIS HEALTH, P.A. 401(K) PROFIT SHARING PLAN · BUFFALO, MN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Stellis Health, P.A. reported $55,010 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,461 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 0.16% to 0.14%. 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 590th-largest of 1,918 plans among Minnesota employers on file, and the 2,314th of 11,911 in health care & social assistance. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,172,118
Participants with balances266
Active participants212
Employer contributions$521,792
Employee contributions$1,667,810
Employer contribution per active participant$2,461
Average account balance$143,504
Benefits paid to participants$6,966,727
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 266 accts · $522K emplr
2023$37.9M · 276 accts · $554K emplr
2022$31.5M · 273 accts · $512K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,010
Total administrative$55,010
The Stellis Health, P.A. 401(k) match · 2024
Employer contribution per active participant$2,461
Median for plans this size$2,416
2024$2,461 per active participant
2023$2,366 per active participant
2022$2,247 per active participant

Stellis Health, P.A.'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 · 20244
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$40,942
MURRAY FINANCIAL GROUP LLC$7,937
ASCENSUS · Other services · Contract administrator$5,194
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$55,010 · 0.14%
2023$44,367 · 0.13%
2022$57,458 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Westfields Hospital MN$40.8M · 0.07%
Prairiecare, LLC MN$40.7M · 0.53%
Twin Cities Spine Center MN$39.5M · 0.09%
Alexandria Clinic, P.A. MN$36.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411227920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.