Plan Ledger DOL Form 5500 · updated monthly

United Community Action Partnership, Inc.401(k)

UNITED COMMUNITY ACTION PARTNERSHIP, INC. 401(K) PLAN · MARSHALL, MN · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

United Community Action Partnership, Inc. reported $66,803 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,278 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 0.65% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,147th of 1,918), and the 4,874th of 11,911 in health care & social assistance. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,163,035
Participants with balances201
Active participants274
Employer contributions$350,164
Employee contributions$800,901
Employer contribution per active participant$1,278
Average account balance$65,488
Benefits paid to participants$1,142,284
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 201 accts · $350K emplr
2023$11.7M · 183 accts · $324K emplr
2022$9.2M · 192 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,384
Trustee / custodial$32,419
Total administrative$66,803
The United Community Action Partnership, Inc. 401(k) match · 2024
Employer contribution per active participant$1,278
Median for plans this size$2,416
2024$1,278 per active participant
2023$1,195 per active participant
2022$1,174 per active participant

United Community Action Partnership, Inc.'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
BREMER BANK NATIONAL ASSOCIATION · Trustee (directed) · Investment advisory (plan)$32,419

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$66,803 · 0.54%
2023$63,837 · 0.61%
2022$56,720 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Apple Tree Dental MN$14.3M · 0.42%
Avivo MN$12.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410904860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.