Plan Ledger DOL Form 5500 · updated monthly

Youthlink401(k)

YOUTHLINK 401(K) PROFIT SHARING PLAN & TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
1.89%

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

Youthlink reported $5,301 in plan administrative expenses for 2024: 1.89% of average plan assets, above the peer median. Employer contributions averaged $793 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 3 years on file its reported administrative ratio has held roughly steady near 1.89%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,896th of 1,918), and 11,556th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 39 to 45 since 2022.

Plan summary
Net assets, end of year$323,531
Participants with balances90
Active participants45
Employer contributions$35,704
Employee contributions$58,954
Employer contribution per active participant$793
Average account balance$3,595
Benefits paid to participants$29,116
Plan auditUnmodified (clean) audit opinion
AuditorOLSON THIELEN & CO, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$324K · 90 accts · $36K emplr
2023$237K · 126 accts · $29K emplr
2022$168K · 118 accts · $16K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,866
Investment management$1,575
Trustee / custodial$860
Total administrative$5,301
The Youthlink 401(k) match · 2024
Employer contribution per active participant$793
Median for plans this size$540
2024$793 per active participant
2023$641 per active participant
2022$418 per active participant

Youthlink's 2024 employer contribution ran above the $540 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.

Administrative cost history3
2024$5,301 · 1.89%
2023$3,537 · 1.74%
2022$2,649 · 1.92%
Similar plansHealth Care & Social Assistance · Minnesota
Casa de Corazon MN$369K · 0.67%
Heartland Senior Living MN$355K · 0.20%
Bs Homecare Inc. MN$333K · 0.96%
Twsl, LLC MN$291K · 1.60%
Rainbow Home Health Care MN$210K · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411341773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.