Plan Snapshot
- Plan Sponsor: Andersen Corporation
- Sponsor EIN: 410123208
- Sponsor Address: 100 4TH AVE N MN126-01-J6A, BAYPORT, MN, 550031096
- Plan Type: 401(k)
- Total Participants: 13,271
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 13,271 | $1.5B | $55.4M | $73.8M |
| 2023 | 12,947 | $1.3B | $50.7M | $66.8M |
| 2022 | 12,299 | $1.1B | $43.5M | $58.0M |
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 |
|---|---|---|---|---|
| RUSSELL INVESTMENTS TRUST COMPANY | Investment Advisor | $461,624 | $557,957 | $1,019,581 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $793,807 | — | $793,807 |
| ERNST & YOUNG, LLP | Recordkeeper | $25,500 | — | $25,500 |
| QUARRY HILL ADVISORS LLC | Other Service Provider | $16,412 | — | $16,412 |
| INTELLIGENT FINANCIAL STRATEGIES | Other Service Provider | $11,073 | — | $11,073 |
| GREAT VALLEY ADVISOR GROUP | Other Service Provider | $9,712 | — | $9,712 |
| MOLONEY SECURITIES ASSET MGMT | Other Service Provider | $7,980 | — | $7,980 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $6,832 | — | $6,832 |
| FISHER INVESTMENTS | Recordkeeper | $6,434 | — | $6,434 |
| BUCKINGHAM STRATEGIC PARTNERS | Other Service Provider | $6,125 | — | $6,125 |
| CARLSON CAPITAL MANAGEMENT LLC | Other Service Provider | $5,765 | — | $5,765 |
| FOX ROTHSCHILD LLP | ERISA Attorney | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUSSELL INVESTMENTS TRUST COMPANY — Investment Advisor
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- ERNST & YOUNG, LLP — Recordkeeper
- CHARLES SCHWAB & CO., INC. — Recordkeeper
- FISHER INVESTMENTS — Recordkeeper
- FOX ROTHSCHILD LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,914,721
- Estimated Expense Ratio: 0.131% 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 | $1,083,080 | $258,273 | $1,100 | $25,500 | — |
| 2023 | $1,018,954 | — | $791,679 | — | — |
| 2022 | $888,604 | $171,473 | $684,574 | — | $32,557 |