Retirement plan

GREATER MSP 403(B) PLAN

Name: MINNEAPOLIS-ST. PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP DBA - GREATER MSP 403(B) PLAN (2025) Form 5500
Creator: MINNEAPOLIS-ST. PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP DBA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREATER MSP 403(B) PLAN, MINNEAPOLIS-ST. PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP DBA

MINNEAPOLIS-ST. PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP DBAEIN 27-4026636Plan #001PY 2025

370 WABASHA ST NORTH, SUITE 1900 - ST. PAUL, MN 55102651-287-1300

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.2M

+0.6% from 2024

Total participants

-11.8% from 2024

Average account balance

$110,123

+7.5% from 2024

Annual return

14.54%

+3.91 pp from 2024

Benchmarks

See 48,821 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort48,821 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.19M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$110K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

138.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$472K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$32102

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2M2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$931K

$44332 / participant

Other / not subdivided$931K100.0%

% of EOY assets

29.151%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$110,123

$155,555-29.2%

$146,866-25.0%

$155,188-29.0%

Participation rate

95.2%

84.0%+11.3pp

82.5%+12.7pp

80.8%+14.4pp

Annual return

14.54%

115.41%-100.9pp

102.85%-88.3pp

148.84%-134.3pp

Employer contribution / active EE

$6,192

$4,647+33.3%

$4,425+40.0%

$4,248+45.8%

Participant deferral / active EE

$16,273

$8,044+102.3%

$7,759+109.7%

$6,531+149.2%

Admin fee / account holder

$32,102

$14,755+117.6%

$13,620+135.7%

$14,480+121.7%

GREATER MSP 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREATER MSP 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion