Plan Snapshot
- Plan Sponsor: Adolfson & Peterson, INC.
- Sponsor EIN: 410731300
- Sponsor Address: 8000 NORMAN CENTER DRIVE SUITE 1000, MINNEAPOLIS, MN, 55437
- Plan Type: 401(k)
- Total Participants: 566
- Total Assets: $84.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 566 | $84.2M | $1.9M | $5.6M |
| 2023 | 573 | $75.7M | $1.8M | $5.3M |
| 2022 | 534 | $64.9M | $1.7M | $4.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RMS US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RMS US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $89,087 | $49,918 | — | — | — |
| 2023 | $75,475 | $40,998 | — | — | — |
| 2022 | $63,188 | $31,133 | $32,055 | — | — |