Interstate Companies, Inc. 401(k) Review & Grade
Interstate and Istate 401(k) Profit Sharing Plan
Eagan, MNProfessional, Scientific & Technical Services1,544 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,328Employer $ per active participant
$5,172Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$99.6MNet plan assets, end of year
$56,932Average balance per account
Score breakdown
- Employer generosity12.2 / 5024th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1526th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 45th |
| Employee saving | 26th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Interstate Companies put in about $1,328 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $2,050,605 |
| Participant (employee) contributions | $7,987,996 |
| Other contributions (incl. rollovers in) | $1,389,798 |
| Administrative expenses paid from the plan | $249,317 |
| Contract administrator fees | $193,692 |
| Investment advisory & management fees | $55,625 |
| Benefits paid out | $10,979,885 |
| Net assets, start / end of year | $88.1M / $99.6M |
| Active participants, start / end of year | 1,536 / 1,553 |
| Participants with account balances | 1,749 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Copeland Buhl & Company Pllp |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $214,092 reported compensation |
| Sageview Advisory Group | $55,625 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251005110535NAL0001634339001, received 2025-10-05, EIN 41-1634358, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.