Plan Ledger DOL Form 5500 · updated monthly

Vail Place401(k)

VAIL PLACE 401(K) PLAN · HOPKINS, MN · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Vail Place reported $2,120 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $507 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,731st of 1,918), and 9,323rd of 11,911 in health care & social assistance. In 2022, employees put in $5.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,910,311
Participants with balances80
Active participants90
Employer contributions$45,587
Employee contributions$260,312
Employer contribution per active participant$507
Average account balance$36,379
Benefits paid to participants$454,054
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,120
Total administrative$2,120
The Vail Place 401(k) match · 2022
Employer contribution per active participant$507
Median for plans this size$1,114

Vail Place's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,120 · 0.07%
Similar plansHealth Care & Social Assistance · Minnesota
Lutheran Homes MN$2.8M · 0.41%
Relate, Inc. MN$2.8M · 0.11%
Open Door Health Center MN$2.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411394766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.