Plan Ledger DOL Form 5500 · updated monthly

Winthrop & Weinstine, P.A.401(k)

WINTHROP & WEINSTINE, P.A. 401K PLAN & TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Winthrop & Weinstine, P.A. reported $149,482 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $16,131 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 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 203rd-largest of 1,918 plans among Minnesota employers on file, and the 1,046th of 11,654 in professional & technical services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves; active participation has grown from 267 to 306 since 2022.

Plan summary
Net assets, end of year$149,193,254
Participants with balances353
Active participants306
Employer contributions$4,935,945
Employee contributions$4,288,805
Employer contribution per active participant$16,131
Average account balance$422,644
Benefits paid to participants$9,217,864
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$149.2M · 353 accts · $4.9M emplr
2023$126.1M · 343 accts · $4.4M emplr
2022$105.7M · 325 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,358
Audit (IQPA)$12,075
Total administrative$149,482
The Winthrop & Weinstine, P.A. 401(k) match · 2024
Employer contribution per active participant$16,131
Median for plans this size$3,635
2024$16,131 per active participant
2023$15,559 per active participant
2022$14,320 per active participant

Winthrop & Weinstine, P.A.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$98,575
RYAN INVESTMENT MANAGEMENT INC · Investment advisory (participants)$17,823
BAKER TILLY US, LLP · Accounting / audit$12,075
CARLSON CAPITAL MANAGEMENT LLC · Investment advisory (participants)$9,772
VIA ACTUARIAL SOLUTIONS · Contract administrator$6,000
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$149,482 · 0.11%
2023$131,243 · 0.11%
2022$147,013 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Bolton & Menk, Inc. MN$192.5M · 0.09%
Perforce Software, Inc. MN$187.4M · 0.05%
Wuxi Apptec, Inc. MN$177.8M · 0.21%
Merchant & Gould P.C. MN$141.9M · 0.05%
Braun Intertec Corporation MN$139.8M · 0.13%
Cygnus Home Service, LLC MN$133.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411722524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.