Plan Ledger DOL Form 5500 · updated monthly

Twin Cities Co-Op Partners401(k)

TWIN CITIES CO-OP PARTNERS 401(K) PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Twin Cities Co-Op Partners reported $75,775 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $841 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 0.60% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,187th of 1,918), and the 2,233rd of 5,215 in retail trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,272,161
Participants with balances364
Active participants279
Employer contributions$234,766
Employee contributions$699,375
Employer contribution per active participant$841
Average account balance$33,715
Benefits paid to participants$1,975,329
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY ULBRICH CHRISTIANSEN & RUSS
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 364 accts · $235K emplr
2023$11.7M · 382 accts · $119K emplr
2022$11.0M · 367 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,417
Investment management$21,358
Total administrative$75,775
The Twin Cities Co-Op Partners 401(k) match · 2024
Employer contribution per active participant$841
Median for plans this size$2,416
2024$841 per active participant
2023$407 per active participant
2022$605 per active participant

Twin Cities Co-Op Partners's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK · Recordkeeping · Loan processing$54,417
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$21,358

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$75,775 · 0.63%
2023$32,783 · 0.29%
2022$63,249 · 0.60%
Same employer
Similar plansRetail Trade · Minnesota
Driessen Water, Inc. MN$13.1M · 0.58%
Fury Motors, Inc. MN$12.8M · 0.02%
Fun.com, Inc. MN$12.3M · 0.42%
Valley Sales, Inc. MN$12.0M · 0.07%
Kiltie Corporation MN$11.6M · 0.36%
Jnd Holdings, Inc. MN$11.5M · 0.56%
North Star Holdco, Inc. MN$11.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822045239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.