Plan Ledger DOL Form 5500 · updated monthly

Total Expert, Inc.401(k)

TOTAL EXPERT, INC. 401K PLAN · ST. LOUIS PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Total Expert, Inc. reported $135,691 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,646 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 0.83%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 956th-largest of 1,918 plans among Minnesota employers on file, and 5,922nd of 11,654 in professional & technical services. In 2024, employees put in $4.13 for every $1.00 the employer contributed; active participation has grown from 304 to 377 since 2022.

Plan summary
Net assets, end of year$17,967,968
Participants with balances377
Active participants377
Employer contributions$620,585
Employee contributions$2,562,227
Employer contribution per active participant$1,646
Average account balance$47,660
Benefits paid to participants$2,399,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 377 accts · $621K emplr
2023$14.9M · 393 accts · $871K emplr
2022$9.6M · 388 accts · $913K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,670
Audit (IQPA)$82,021
Total administrative$135,691
The Total Expert, Inc. 401(k) match · 2024
Employer contribution per active participant$1,646
Median for plans this size$2,416
2024$1,646 per active participant
2023$2,215 per active participant
2022$3,002 per active participant

Total Expert, 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 · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$53,670

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$135,691 · 0.83%
2023$107,175 · 0.87%
2022$73,352 · 0.85%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Concord, USA, LLC MN$18.9M · 0.96%
Wenck Enterprises, Inc. MN$17.9M · 0.78%
Siteimprove, Inc. MN$17.8M · 0.53%
Avionte, LLC MN$17.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812229221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.