Plan Snapshot
- Plan Sponsor: Advantage Management Corporation
- Sponsor EIN: 411679714
- Sponsor Address: 800 LONE OAK RD., EAGAN, MN, 55121
- Plan Type: 401(k)
- Total Participants: 1,020
- Total Assets: $57.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,020 | $57.6M | $351,655 | $2.1M |
| 2023 | 1,332 | $54.6M | $550,308 | $2.2M |
| 2022 | 1,110 | $57.2M | $482,109 | $2.2M |
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 |
|---|---|---|---|---|
| BOYUM & BARENSCHEER PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOYUM & BARENSCHEER PLLP — 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 | -$1,570 | $3,443 | — | — | — |
| 2023 | $1,180 | $5,097 | — | — | — |
| 2022 | -$3,828 | $3,678 | — | — | — |