The Polyclinic, PLLC401(k)
THE POLYCLINIC A P.C. 401(K) PROFIT SHARING PLAN · MINNETONKA, MN · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
The Polyclinic, PLLC reported $74,817 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,381 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.
The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 131st-largest of 1,918 plans among Minnesota employers on file, and the 503rd of 11,911 in health care & social assistance. In 2022, employees put in $1.38 for every $1.00 the employer contributed.
The Polyclinic, PLLC's 2022 employer contribution ran above the $4,065 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 910369070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.