Plan Ledger DOL Form 5500 · updated monthly

Super Radiator Coils Limited Partnership401(k)

SUPER RADIATOR COILS 401(K) PLAN · CHASKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Super Radiator Coils Limited Partnership reported $137,810 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,339 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 460th-largest of 1,918 plans among Minnesota employers on file, and the 2,972nd of 13,661 in manufacturing. In 2024, employees put in $2.92 for every $1.00 the employer contributed; active participation has grown from 380 to 553 since 2022.

Plan summary
Net assets, end of year$54,142,169
Participants with balances597
Active participants553
Employer contributions$1,293,374
Employee contributions$3,773,130
Employer contribution per active participant$2,339
Average account balance$90,690
Benefits paid to participants$2,508,862
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.1M · 597 accts · $1.3M emplr
2023$44.4M · 528 accts · $1.1M emplr
2022$35.2M · 416 accts · $871K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,400
Investment management$65,400
Trustee / custodial$51,010
Total administrative$137,810
The Super Radiator Coils Limited Partnership 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,297 per active participant
2022$2,293 per active participant

Super Radiator Coils Limited Partnership's 2024 employer contribution ran below 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$72,410
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$65,400

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

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Administrative cost history3
2024$137,810 · 0.28%
2023$120,876 · 0.30%
2022$96,860 · 0.26%
Same employer
Similar plansManufacturing · Minnesota
Innovance, Inc. MN$54.8M · 0.01%
The Specialty Mfg. Co. MN$54.0M · 0.29%
Sje-Rhombus MN$53.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411533780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.