Plan Snapshot
- Plan Sponsor: Aerospace Welding Minneapolis, INC.
- Sponsor EIN: 411727771
- Sponsor Address: 3344 DODD ROAD, EAGAN, MN, 55121
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $5.7M
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 | 143 | $5.7M | $363,842 | $626,453 |
| 2023 | 138 | $4.3M | $366,921 | $606,655 |
| 2022 | 134 | $3.1M | $292,095 | $530,133 |
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 |
|---|---|---|---|---|
| BOBER MARKEY FEDOROVICH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY FEDOROVICH — 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 | $27,217 | $6,656 | — | — | — |
| 2023 | $19,356 | $4,655 | — | — | — |
| 2022 | $15,475 | $3,211 | $12,264 | — | — |