Retirement plan

MINNEAPOLIS RETAIL MEAT CUTTERS AND FOOD HANDLERS PENSION FUND

Name: BOARD OF TRUSTEES, MINNEAPOLIS RETAIL MEAT CUTTERS - MINNEAPOLIS RETAIL MEAT CUTTERS AND FOOD HANDLERS PENSION FUND (2025) Form 5500
Creator: BOARD OF TRUSTEES, MINNEAPOLIS RETAIL MEAT CUTTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINNEAPOLIS RETAIL MEAT CUTTERS AND FOOD HANDLERS PENSION FUND, BOARD OF TRUSTEES, MINNEAPOLIS RETAIL MEAT CUTTERS

BOARD OF TRUSTEES, MINNEAPOLIS RETAIL MEAT CUTTERSdba AND FOOD HANDLERS PENSIONEIN 41-0905139Plan #001PY 2025

3001 METRO DR STE 500 - BLOOMINGTON, MN 55425952-854-0795

Prospect flagsHigh retiree %Low participation

How to read this page

Total assets (EOY)

$678.8M

-17.7% from 2017

Total participants

13,679

+4.9% from 2017

Average account balance

No prior year

Annual return

12.78%

-30.41 pp from 2017

Benchmarks

See 122 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants1,000-4,999

Cohort122 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$678.76M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

12,068

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 17 by compensation

Provider	Service type	Compensation
PIMCO FUNDS3 years Filed as: PACIFIC INVESTMENT MANAGEMENT CO Service code 27 · EIN 33-0629048	Advisory (Plan)	$479,492
WILSON-MCSHANE CORPORATION10+ years Service code 13 · EIN 41-0956552	Contract Administrator	$334,800
JP MORGAN INVESTMENT MANAGEMENT INC10+ years Service code 27 · EIN 13-3200244	Advisory (Plan)	$320,955
INTERCONTINENTAL REAL ESTATE CORP10+ years Service code 28 · EIN 11-3786306	Investment Management	$263,839
THE SEGAL COMPANY10+ years Filed as: THE SEGAL COMPANY (MIDWEST) INC. Service code 11 · EIN 13-1975125	Actuarial	$233,306
BOSTON TRUST WALDEN COMPANY6 years Service code 28 · EIN 04-2273811	Investment Management	$211,959
SLEVIN & HART, P.C.2 years Filed as: SLEVIN & HART PC Service code 29 · EIN 52-1708613	Legal	$186,319
THE SEGAL COMPANY9 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$170,485
LOOMIS SAYLES3 years Filed as: LOOMIS SAYLES & COMPANY Service code 28 · EIN 04-3200030	Investment Management	$153,761
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050	Legal	$146,222

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B1I

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$3.5M

$2199 / participant

Trustee / custodial$11K0.3%
Investment mgmt$2M54.1%
Legal$369K10.4%
Actuarial$233K6.6%
Contract admin$335K9.5%
Other / not subdivided$679K19.2%

% of EOY assets

0.522%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: $39,008
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

Participation rate

0.0%

0.0%0pp

25.0%-25.0pp

0.0%0pp

Annual return

12.78%

8.88%+3.9pp

9.70%+3.1pp

8.88%+3.9pp

Employer contribution / active EE

$8,834

$15,934-44.6%

$26,706-66.9%

$15,934-44.6%

Participant deferral / active EE

$753-100.0%

Admin fee / account holder

Provider

Service type

Compensation

PIMCO FUNDS3 years

Filed as: PACIFIC INVESTMENT MANAGEMENT CO

Service code 27 · EIN 33-0629048

Advisory (Plan)

$479,492

WILSON-MCSHANE CORPORATION10+ years

Service code 13 · EIN 41-0956552

Contract Administrator

$334,800

JP MORGAN INVESTMENT MANAGEMENT INC10+ years

Service code 27 · EIN 13-3200244

Advisory (Plan)

$320,955

INTERCONTINENTAL REAL ESTATE CORP10+ years

Service code 28 · EIN 11-3786306

Investment Management

$263,839

THE SEGAL COMPANY10+ years

Filed as: THE SEGAL COMPANY (MIDWEST) INC.

Service code 11 · EIN 13-1975125

Actuarial

$233,306

BOSTON TRUST WALDEN COMPANY6 years

Service code 28 · EIN 04-2273811

Investment Management

$211,959

SLEVIN & HART, P.C.2 years

Filed as: SLEVIN & HART PC

Service code 29 · EIN 52-1708613

Legal

$186,319

THE SEGAL COMPANY9 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$170,485

LOOMIS SAYLES3 years

Filed as: LOOMIS SAYLES & COMPANY

Service code 28 · EIN 04-3200030

Investment Management

$153,761

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN LEWIS & BOCKIUS LLP

Service code 29 · EIN 23-0891050

Legal

$146,222

MINNEAPOLIS RETAIL MEAT CUTTERS AND FOOD HANDLERS PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINNEAPOLIS RETAIL MEAT CUTTERS AND FOOD HANDLERS PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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