Minnesota Hockey Ventures Group, L.P. 401(k) Review & Grade
Minnesota Wild 401(k) Plan
ST. Paul, MNArts, Entertainment & Recreation1,027 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$763Employer $ per active participant
$1,842Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$39.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity20.1 / 5040th percentile for employer $ per participant
- Low cost12.0 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 48th |
| Employee saving | 39th |
| Peers that auto-enroll | 38% |
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
- Minnesota Hockey Ventures Group, L.P. put in about $763 per active participant, below the typical peer ($995). 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.
- 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 | $784,003 |
| Participant (employee) contributions | $1,891,730 |
| Other contributions (incl. rollovers in) | $365,588 |
| Administrative expenses paid from the plan | $86,917 |
| Investment advisory & management fees | $71,258 |
| Benefits paid out | $1,143,899 |
| Net assets, start / end of year | $31.9M / $39.5M |
| Active participants, start / end of year | 1,100 / 954 |
| Participants with account balances | 435 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Olsen Thielen & Co., LTD. |
Largest service providers (Schedule C)
| RBC Capital Markets LLC | $71,258 reported compensation |
| Transamerica Retirement Solutions | $15,660 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015144744NAL0006641600002, received 2025-10-15, EIN 41-1878884, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.