Plan Snapshot
- Plan Sponsor: Alpha Services Company Of Rochester
- Sponsor EIN: 411992713
- Sponsor Address: 3900 FAIRWAY PL NW, ROCHESTER, MN, 559015039
- Plan Type: 401(k)
- Total Participants: 395
- Total Assets: $3.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 395 | $3.8M | $223,227 | $484,347 |
| 2023 | 360 | $3.1M | $228,053 | $493,245 |
| 2022 | 341 | $2.3M | $204,880 | $440,321 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $44,048 | — | $44,048 |
| EDWARD JONES | Investment Advisor | — | $15,151 | $15,151 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,199
- Estimated Expense Ratio: 1.573% 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 | $44,049 | — | $44,049 | — | — |
| 2023 | $34,445 | — | $34,445 | — | — |
| 2022 | $27,247 | — | $27,247 | — | — |