Plan Ledger DOL Form 5500 · updated monthly

Touchstone Mental Health401(k)

TOUCHSTONE MENTAL HEALTH 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Touchstone Mental Health reported $61,352 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,379 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 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,527th of 1,918), and 7,463rd of 11,911 in health care & social assistance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,813,839
Participants with balances378
Active participants202
Employer contributions$278,582
Employee contributions$590,772
Employer contribution per active participant$1,379
Average account balance$15,381
Benefits paid to participants$1,209,380
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 378 accts · $279K emplr
2023$5.5M · 371 accts · $229K emplr
2022$4.9M · 353 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,979
Investment management$25,373
Total administrative$61,352
The Touchstone Mental Health 401(k) match · 2024
Employer contribution per active participant$1,379
Median for plans this size$1,313
2024$1,379 per active participant
2023$1,111 per active participant
2022$974 per active participant

Touchstone Mental Health'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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$17,386
EMPOWER ADVISORY GROUP, LLC · Investment management$7,987

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$61,352 · 1.09%
2023$55,351 · 1.06%
2022$55,234 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Smdc Medical Center MN$6.0M · 0.02%
Accurate Home Care, LLC MN$5.9M · 0.82%
Samaritan Bethany, Inc. MN$5.8M · 0.69%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411920740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.