Plan Ledger DOL Form 5500 · updated monthly

Three Rivers Community Action,Inc.401(k)

THREE RIVERS COMMUNITY ACTION, INC. RETIREMENT PLAN · ZUMBROTA, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Three Rivers Community Action,Inc. reported $39,909 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,766 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 has held roughly steady near 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,312th of 1,918), and 1,671st of 3,341 in other services. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 143 to 159 since 2022.

Plan summary
Net assets, end of year$9,848,607
Participants with balances181
Active participants159
Employer contributions$280,729
Employee contributions$530,327
Employer contribution per active participant$1,766
Average account balance$54,412
Benefits paid to participants$353,311
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 181 accts · $281K emplr
2023$8.0M · 139 accts · $261K emplr
2022$6.9M · 128 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,092
Investment management$1,817
Total administrative$39,909
The Three Rivers Community Action,Inc. 401(k) match · 2024
Employer contribution per active participant$1,766
Median for plans this size$1,313
2024$1,766 per active participant
2023$1,666 per active participant
2022$1,744 per active participant

Three Rivers Community Action,Inc.'s 2024 employer contribution ran above the $1,313 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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$33,621
WILSHIRE ASSOCIATES INC. · Named fiduciary$1,817

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,909 · 0.45%
2023$37,638 · 0.50%
2022$30,509 · 0.43%
Similar plansOther Services · Minnesota
Trellis MN$11.8M · 0.01%
Rocco Altobelli, Inc. MN$11.1M · 0.87%
Animal Humane Society MN$10.0M · 0.37%
Scholarship America Inc. MN$9.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410906178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.