Plan Ledger DOL Form 5500 · updated monthly

Tempworks Software, Inc.401(k)

TEMPWORKS SOFTWARE EMPLOYEE SAVINGS PLAN · EAGAN, MN · plan year 2025

Reported admin expense ratio · 2025
0.32%

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

Tempworks Software, Inc. reported $58,950 in plan administrative expenses for 2025: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,645 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 3 years on file its reported administrative ratio fell from 0.51% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 886th-largest of 1,918 plans among Minnesota employers on file, and the 5,498th of 11,654 in professional & technical services. In 2025, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,272,620
Participants with balances238
Active participants231
Employer contributions$841,996
Employee contributions$1,679,291
Employer contribution per active participant$3,645
Average account balance$85,179
Benefits paid to participants$2,360,619
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD.
Plan history4
Yearassets · accounts · employer contribution
2025$20.3M · 238 accts · $842K emplr
2024$16.9M · 241 accts · $885K emplr
2023$13.9M · 221 accts · $856K emplr
2022$10.0M · 211 accts · $556K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$33,554
Total administrative$58,950
The Tempworks Software, Inc. 401(k) match · 2025
Employer contribution per active participant$3,645
Median for plans this size$2,666
2025$3,645 per active participant
2024$4,176 per active participant
2023$4,258 per active participant
2022$2,636 per active participant

Tempworks Software, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,759
0 · Consulting · Other services$25,396

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

Administrative cost history4
2025$58,950 · 0.32%
2024$51,482 · 0.33%
2023$58,289 · 0.49%
2022$50,692 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Hellmuth & Johnson, PLLC MN$23.1M · 0.29%
Sopheon Corporation MN$21.4M · 0.40%
Allover Media, LLC MN$19.4M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411879330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.