Minnesota Twins, LLC 401(k) Review & Grade
Minnesota Twins Profit Sharing/401(k) Plan
Minneapolis, MNArts, Entertainment & Recreation602 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,188Employer $ per active participant
$5,646Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$75.4MNet plan assets, end of year
$91,826Average balance per account
Score breakdown
- Employer generosity49.1 / 5098th percentile for employer $ per participant
- Low cost17.5 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving13.3 / 1589th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 70th |
| Employee saving | 89th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Minnesota Twins put in about $6,188 per active participant, more than the typical peer ($995). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,725,370 |
| Participant (employee) contributions | $3,398,932 |
| Other contributions (incl. rollovers in) | $151,031 |
| Administrative expenses paid from the plan | $80,575 |
| Investment advisory & management fees | $10,495 |
| Other admin expenses | $300 |
| Benefits paid out | $4,428,882 |
| Net assets, start / end of year | $62.6M / $75.4M |
| Active participants, start / end of year | 468 / 736 |
| Participants with account balances | 821 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $37,347 reported compensation |
| RSM US LLP | $21,656 reported compensation |
| Gallagher Benefit Services Inc DBA | $11,880 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929113455NAL0026628386001, received 2025-09-29, EIN 41-1519609, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.