Plan Ledger DOL Form 5500 · updated monthly

Twin City Fan Companies, LTD.401(k)

TWIN CITY FAN RETIREMENT SAVINGS PLAN AND TRUST · PLYMOUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Twin City Fan Companies, LTD. reported $252,744 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,726 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 0.29% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 329th-largest of 1,918 plans among Minnesota employers on file, and the 2,182nd of 13,661 in manufacturing. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,167,435
Participants with balances1,598
Active participants970
Employer contributions$1,673,984
Employee contributions$4,699,939
Employer contribution per active participant$1,726
Average account balance$52,045
Benefits paid to participants$10,217,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$83.2M · 1,598 accts · $1.7M emplr
2023$77.8M · 1,425 accts · $1.5M emplr
2022$69.2M · 1,410 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,990
Investment management$140,454
Total administrative$252,744
The Twin City Fan Companies, LTD. 401(k) match · 2024
Employer contribution per active participant$1,726
Median for plans this size$3,635
2024$1,726 per active participant
2023$1,566 per active participant
2022$1,500 per active participant

Twin City Fan Companies, LTD.'s 2024 employer contribution ran below the $3,635 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment management$96,370
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$44,084
QDRO CONSULTANTS COMPANY, LLC$300

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$252,744 · 0.31%
2023$227,951 · 0.31%
2022$220,996 · 0.29%
Same employer
Similar plansManufacturing · Minnesota
Natureworks LLC MN$85.1M · 0.05%
Rahr Corporation MN$84.4M · 0.27%
Fabcon Companies, LLC MN$83.7M · 0.23%
Mate Precision Technologies MN$83.6M · 0.10%
Dtn US Holdings LLC MN$82.4M · 0.17%
Horton Holding, Inc. MN$79.5M · 0.11%
Grain Millers, Inc. MN$78.3M · 0.20%
Vomela Specialty Company MN$76.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411226410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.