Plan Snapshot
- Plan Sponsor: Advanced Process Technologies, INC.
- Sponsor EIN: 421497050
- Sponsor Address: 150 SWENDRA BOULEVARD, COKATO, MN, 55321
- Plan Type: DC
- Total Participants: 116
- Total Assets: $63.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 116 | $63.8M | $832,077 | $0 |
| 2023 | 110 | $43.0M | $910,209 | $0 |
| 2022 | 98 | $38.0M | $219,127 | $0 |
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 |
|---|---|---|---|---|
| LB CARSON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LB CARSON, 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 | $8,225 | $8,000 | — | — | — |
| 2023 | $4,000 | — | — | — | — |
| 2022 | $93,467 | — | — | — | — |