Plan Snapshot
- Plan Sponsor: Alternatives In Psychological
- Sponsor EIN: 391850832
- Sponsor Address: 6737 W WASHINGTON ST., MILWAUKEE, WI, 53214
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 130
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 130 | $6.3M | $0 | $0 |
| 2024 | 112 | $5.7M | $92,617 | $388,236 |
| 2023 | 124 | $5.0M | $91,352 | $395,000 |
| 2022 | 133 | $4.0M | $314,555 | $382,249 |
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. | Other Service Provider | $36,390 | — | $36,390 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,390
- Estimated Expense Ratio: 0.580% 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 |
|---|---|---|---|---|---|
| 2025 | $750,940 | $24,846 | — | — | — |
| 2024 | $15,260 | $10,416 | — | — | — |
| 2023 | $4,306 | $587 | — | — | — |
| 2022 | $6,314 | $300 | $6,014 | — | — |