University of Minnesota Physicians401(k)

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

University of Minnesota Physicians reported $508,770 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $10,897 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 0.06% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 39th-largest of 1,918 plans among Minnesota employers on file, and the 171st of 11,911 in health care & social assistance. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves; active participation has grown from 4,046 to 4,740 since 2022.