Plan Snapshot
- Plan Sponsor: Andersen Corporation
- Sponsor EIN: 410123208
- Sponsor Address: 100 4TH AVE N MN126-01-J6A, BAYPORT, MN, 550031096
- Plan Type: DB
- Plan Number: 001
- Total Participants: 3,972
- Total Assets: $681.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 3,972 | $681.7M | $0 | $0 |
| 2024 | 1,446 | $773.1M | $0 | $0 |
| 2023 | 1,594 | $833.0M | $786,263 | $0 |
| 2022 | 1,724 | $806.0M | $0 | $0 |
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 | Other Service Provider | $1,592,929 | $573,791 | $2,166,720 |
| TOWERS WATSON DELAWARE, INC. | Other Service Provider | $512,905 | — | $512,905 |
| U.S. BANK, NATIONAL ASSOCIATION | Other Service Provider | $247,878 | — | $247,878 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $36,494 | — | $36,494 |
| BDO USA, P.C. | Other Service Provider | $29,642 | — | $29,642 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,993,639
- Estimated Expense Ratio: 0.439% 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 | $169,933,373 | $1,592,929 | $55,011 | $29,642 | — |
| 2024 | $3,932,607 | $1,575,043 | $45,162 | $27,750 | — |
| 2023 | $4,658,649 | $1,397,536 | $40,988 | $26,890 | — |
| 2022 | $2,503,235 | $1,377,200 | $281,021 | — | $349,486 |