Plan Ledger DOL Form 5500 · updated monthly

The Center for Victims of Torture403(b)

CENTER FOR VICTIMS OF TORTURE 403(B) DC PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

The Center for Victims of Torture reported $66,006 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,302 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 0.33% to 0.40%. 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 among the smaller plans on file in Minnesota (965th of 1,918), and the 4,012th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 176 to 158 since 2022.

Plan summary
Net assets, end of year$17,780,349
Participants with balances222
Active participants158
Employer contributions$521,691
Employee contributions$909,849
Employer contribution per active participant$3,302
Average account balance$80,092
Benefits paid to participants$1,130,237
Plan auditUnmodified (clean) audit opinion
AuditorGRF CPA & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 222 accts · $522K emplr
2023$15.3M · 189 accts · $503K emplr
2022$12.0M · 168 accts · $429K emplr
The The Center for Victims of Torture 401(k) match · 2024
Employer contribution per active participant$3,302
Median for plans this size$2,416
2024$3,302 per active participant
2023$3,105 per active participant
2022$2,438 per active participant

The Center for Victims of Torture'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,167
TAX SHELTERED COMPENSATION INC · Other servicesindirect comp
RBC CAPITAL MARKETS, LLC · Investment advisory (plan)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$66,006 · 0.40%
2023$51,499 · 0.38%
2022$43,379 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Second Harvest Heartland MN$17.9M · 0.03%
Ableto, Inc. MN$17.8M · 0.23%
Knute Nelson MN$17.2M · 0.02%
People Incorporated MN$17.1M · 0.45%
Community Dental Care MN$16.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363383933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.