Plan Ledger DOL Form 5500 · updated monthly

Timberland Partners, Inc.401(k)

TIMBERLAND PARTNERS, INC. 401K RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Timberland Partners, Inc. reported $31,890 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,633 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 0.11% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Minnesota (999th of 1,918), and the 774th of 2,096 in real estate & leasing. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,873,013
Participants with balances377
Active participants446
Employer contributions$728,391
Employee contributions$1,290,900
Employer contribution per active participant$1,633
Average account balance$44,756
Benefits paid to participants$1,065,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 377 accts · $728K emplr
2023$13.9M · 318 accts · $654K emplr
2022$10.7M · 367 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,890
Total administrative$31,890
The Timberland Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$1,633
Median for plans this size$2,416
2024$1,633 per active participant
2023$1,394 per active participant
2022$1,397 per active participant

Timberland Partners, Inc.'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
ASCENSUS · Other servicesindirect 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$31,890 · 0.21%
2023$16,130 · 0.13%
2022$12,487 · 0.11%
Same employer
Similar plansReal Estate & Leasing · Minnesota
Marsden Services, L.L.C. MN$21.9M · 0.60%
Commonbond Communities MN$20.4M · 0.34%
Bigos Management, Inc. MN$18.3M · 0.52%
SA Support Services, Inc. MN$12.5M · 0.56%
Great Lakes Management MN$11.5M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411927567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.