Pohlad Companies, LLC 401(k) Review & Grade
Pohlad Companies Retirement Savings Plan
Minneapolis, MNManagement of Companies1,364 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,711Employer $ per active participant
$10,133Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$371.4MNet plan assets, end of year
$184,478Average balance per account
Score breakdown
- Employer generosity44.7 / 5089th percentile for employer $ per participant
- Low cost20.4 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving12.2 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score87 / 100 · Grade A
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 82th |
| Employee saving | 81th |
| Peers that auto-enroll | 58% |
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
- Pohlad Companies put in about $7,711 per active participant, more than the typical peer ($2,492). 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.
- 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 | $10,517,422 |
| Participant (employee) contributions | $13,821,935 |
| Other contributions (incl. rollovers in) | $6,463,247 |
| Administrative expenses paid from the plan | $243,394 |
| Investment advisory & management fees | $61,921 |
| Other admin expenses | $1,500 |
| Benefits paid out | $35,638,138 |
| Net assets, start / end of year | $331.1M / $371.4M |
| Active participants, start / end of year | 1,370 / 1,358 |
| Participants with account balances | 2,013 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $135,907 reported compensation |
| Empower Advisory Group, LLC | $41,733 reported compensation |
| Gallagher Benefit Services Inc DBA | $20,188 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250908111829NAL0019265329001, received 2025-09-08, EIN 37-1452807, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.