Plan Snapshot
- Plan Sponsor: Advanced Engineering And Environmental Services, LLC
- Sponsor EIN: 450422908
- Sponsor Address: 4050 GARDEN VIEW DRIVE, GRAND FORKS, ND, 58201
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $87.1M
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 | 329 | $87.1M | $1.4M | $3.1M |
| 2023 | 320 | $76.2M | $1.3M | $3.0M |
| 2022 | 304 | $61.2M | $1.2M | $2.5M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $52,989 | — | $52,989 |
| ALERUS INVESTMENT ADVISORS, INC. | NONE | $20,000 | — | $20,000 |
| BRADY MARTZ & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- BRADY MARTZ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,989
- Estimated Expense Ratio: 0.084% of plan assets
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 | $72,989 | $20,000 | — | — | — |
| 2023 | $62,046 | — | — | — | — |
| 2022 | $59,008 | — | — | — | — |