Mid-Minnesota Legal Assistance 403(b) match, vesting and fees
What Mid-Minnesota Legal Assistance's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Penserv Plan Services, Inc. | Schedule C ↗ |
| Independent auditor | Harrington Langer & Associates (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Mid-Minnesota Legal Assistance: employer contribution per participant | $1,647 | |
| Peer median | $1,803 |
| Mid-Minnesota Legal Assistance: average balance | $81,588 | |
| Peer median | $48,934 |
| Mid-Minnesota Legal Assistance: admin expenses ÷ assets | 0.42% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $22.8M at the end of plan year 2021 to $21.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 279 | $21.6M | $436K | $1,647 | 0.42% | Not published | Form 5500 ↗ |
| 2023 | 271 | $18M | $380K | $1,461 | 0.45% | Not published | Form 5500 ↗ |
| 2022 | 277 | $16.4M | $341K | $1,264 | 0.41% | Not published | Form 5500 ↗ |
| 2021 | 271 | $22.8M | $357K | $1,380 | 0.38% | Not published | Form 5500 ↗ |
Common questions
Does Mid-Minnesota Legal Assistance match 401(k) contributions?
The match terms for the Mid-Minnesota Legal Assistance 403(b) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $436K in employer contributions, about $1,647 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mid-Minnesota Legal Assistance 401(k) match vested?
The vesting schedule for the Mid-Minnesota Legal Assistance 403(b) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mid-Minnesota Legal Assistance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Penserv Plan Services, Inc.. The plan administrator is Mid-Minnesota Legal Assistance.
I left Mid-Minnesota Legal Assistance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mid-Minnesota Legal Assistance, (612) 332-1441) or the recordkeeper, Penserv Plan Services, Inc.. The Mid-Minnesota Legal Assistance old 401(k) page lists the contacts from every plan filing. Find an old Mid-Minnesota Legal Assistance 401(k)
Data from the public Form 5500 annual reports Mid-Minnesota Legal Assistance filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mid-Minnesota Legal Assistance. Not financial advice. Report a correction · Methodology