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)
- Plan Number: 002
- Total Participants: 19,059
- Total Assets: $1.7B
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. |
|---|---|---|---|---|
| 2025 | 19,059 | $1.7B | $0 | $0 |
| 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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Other Service Provider | $1,198,120 | — | $1,198,120 |
| RUSSELL INVESTMENTS TRUST COMPANY | Other Service Provider | $581,430 | $581,504 | $1,162,934 |
| BEACON POINTE ADVISORS LLC | Other Service Provider | $33,791 | — | $33,791 |
| BDO USA LLP | Other Service Provider | $32,179 | — | $32,179 |
| QUARRY HILL ADVISORS LLC | Other Service Provider | $24,933 | — | $24,933 |
| ACTION POINT FINANCIAL PLANNING | Other Service Provider | $21,981 | — | $21,981 |
| INTELLIGENT FINANCIAL STRATEGIES | Other Service Provider | $12,910 | — | $12,910 |
| GREAT VALLEY ADVISOR GROUP | Other Service Provider | $11,962 | — | $11,962 |
| MOLONEY SECURITIES ASSET MGMT | Other Service Provider | $8,394 | — | $8,394 |
| FOCUS PARTNERS ADVISOR SOLUTION | Other Service Provider | $7,394 | — | $7,394 |
| FOX ROTHSCHILD LLP | Other Service Provider | $6,050 | — | $6,050 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,520,648
- Estimated Expense Ratio: 0.149% 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 | $159,335,804 | $297,840 | — | $35,360 | — |
| 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 |