Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF MINNESOTA ENVIRONMENTAL PARTNERSHIP

Name: MINNESOTA ENVIRONMENTAL PARTNE - 403(B) THRIFT PLAN FOR EMPLOYEES OF MINNESOTA ENVIRONMENTAL PARTNERSHIP (2025) Form 5500
Creator: MINNESOTA ENVIRONMENTAL PARTNE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF MINNESOTA ENVIRONMENTAL PARTNERSHIP, MINNESOTA ENVIRONMENTAL PARTNE

MINNESOTA ENVIRONMENTAL PARTNEEIN 41-1986433Plan #001PY 2025

318 LANDMARK CENTER, 75 WEST FIFTH STREET - SAINT PAUL, MN 55102651-290-0154mepartnership.orgLinkedIn1-10 employeesrenewables & environment

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$384K

+11.2% from 2024

Total participants

+16.7% from 2024

Average account balance

$54,793

-4.7% from 2024

Annual return

19.00%

+5.30 pp from 2024

Benchmarks

See 9,624 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort9,624 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$384K

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7283

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 codes2G3D2L2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$51K

$16994 / participant

Other / not subdivided$51K100.0%

% of EOY assets

13.292%

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

$54,793

$157,829-65.3%

$136,867-60.0%

$198,609-72.4%

Participation rate

100.0%

77.2%+22.8pp

74.5%+25.5pp

82.4%+17.6pp

Annual return

19.00%

51.25%-32.2pp

42.97%-24.0pp

202.70%-183.7pp

Employer contribution / active EE

$3,238

$3,923-17.5%

$3,547-8.7%

$5,055-35.9%

Participant deferral / active EE

$4,753

$5,463-13.0%

$4,924-3.5%

$6,977-31.9%

Admin fee / account holder

$7,283

$11,107-34.4%

$10,340-29.6%

$19,030-61.7%

403(B) THRIFT PLAN FOR EMPLOYEES OF MINNESOTA ENVIRONMENTAL PARTNERSHIP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF MINNESOTA ENVIRONMENTAL PARTNERSHIP

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