Plan Ledger DOL Form 5500 · updated monthly

Tealwood Management, LLC401(k)

TEALWOOD MANAGEMENT LLC 401(K) P/S PLAN · ST. LOUIS PARK, MN · plan year 2022

Reported admin expense ratio · 2022
0.98%

Tealwood Management, LLC reported $17,406 in plan administrative expenses for 2022: 0.98% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.98% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,811th of 1,918), and 10,331st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,665,323
Participants with balances105
Active participants713
Employer contributions—
Employee contributions$275,758
Employer contribution per active participant—
Average account balance$15,860
Benefits paid to participants$375,924
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 96 accts
2022$1.7M · 105 accts
Administrative expenses, itemized · 2022
Investment management$6,261
Total administrative$17,406
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.

Administrative cost history2
2023$15,172 · 0.91%
2022$17,406 · 0.98%
Similar plansHealth Care & Social Assistance · Minnesota
Phyxius, Inc. MN$1.8M · 1.32%
Opportunity Matters, Inc. MN$1.8M · 0.94%
River Oaks of Minnesota MN$1.5M · 1.39%
Handy Help, LLC MN$1.4M · 1.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 651202149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.