Plan Ledger DOL Form 5500 · updated monthly

Mn Coaches Family401(k)

THE MINNESOTA COACHES FAMILY OF COMPANIES RETIREMENT PLAN · HASTINGS, 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

Mn Coaches Family reported $72,297 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,353 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 0.24% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 736th-largest of 1,918 plans among Minnesota employers on file, and the 593rd of 2,677 in transportation & warehousing. In 2024, the employer put in $2.08 for every $1.00 employees contributed themselves; active participation has grown from 1,240 to 1,477 since 2022.

Plan summary
Net assets, end of year$27,650,941
Participants with balances1,302
Active participants1,477
Employer contributions$1,998,003
Employee contributions$962,047
Employer contribution per active participant$1,353
Average account balance$21,237
Benefits paid to participants$1,694,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 1,302 accts · $2.0M emplr
2023$23.1M · 1,097 accts · $1.7M emplr
2022$19.5M · 1,323 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,297
Total administrative$72,297
The Mn Coaches Family 401(k) match · 2024
Employer contribution per active participant$1,353
Median for plans this size$2,416
2024$1,353 per active participant
2023$1,187 per active participant

Mn Coaches Family'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$120,775
MMA SECURITIES LLC · Accounting / audit$26,679

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Mn Coaches Family before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,297 · 0.28%
2023$102,881 · 0.48%
2022$25,175 · 0.24%
Similar plansTransportation & Warehousing · Minnesota
Wayne Transports, Inc MN$45.2M · 0.21%
Beltmann Group Incorporated MN$23.7M · 0.40%
King Solutions, Inc. MN$13.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 846921650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.