Plan Ledger DOL Form 5500 · updated monthly

Union Gospel Mission Association of St. Paul401(k)

UNION GOSPEL MISSION EMPLOYEE SAVINGS PLAN · ST PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Union Gospel Mission Association of St. Paul reported $3,757 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,152 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 fell from 0.12% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,624th of 1,918), and 2,380th of 3,341 in other services. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,565,448
Participants with balances148
Active participants101
Employer contributions$116,323
Employee contributions$365,905
Employer contribution per active participant$1,152
Average account balance$30,848
Benefits paid to participants$414,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 148 accts · $116K emplr
2023$4.0M · 133 accts · $117K emplr
2022$3.7M · 128 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,757
Total administrative$3,757
The Union Gospel Mission Association of St. Paul 401(k) match · 2024
Employer contribution per active participant$1,152
Median for plans this size$1,313
2024$1,152 per active participant
2023$1,112 per active participant
2022$1,099 per active participant

Union Gospel Mission Association of St. Paul's 2024 employer contribution ran below 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$22,521

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Union Gospel Mission Association of St. Paul before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,757 · 0.09%
2023$2,761 · 0.07%
2022$4,835 · 0.12%
Similar plansOther Services · Minnesota
Mini Kix, Inc. MN$5.8M · 0.46%
St Pauls Outreach Inc MN$3.5M · 0.85%
Carr's Tree Service, Inc. MN$2.7M · 0.43%
Dalco Enterprises, Inc. MN$1.7M · 1.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410705847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.