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: 004
- Total Participants: 463
- Total Assets: $16.7M
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 | 463 | $16.7M | $0 | $0 |
| 2024 | 7 | $27.1M | $0 | $0 |
| 2023 | 7 | $28.8M | $0 | $0 |
| 2022 | 8 | $28.3M | $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 |
|---|---|---|---|---|
| TOWERS WATSON DELAWARE INC. | Other Service Provider | $95,068 | — | $95,068 |
| RUSSELL INVESTMENTS TRUST COMPANY | Other Service Provider | $45,112 | — | $45,112 |
| U.S. BANK, N.A. | Other Service Provider | $28,199 | — | $28,199 |
| BDO USA,P.C. | Other Service Provider | $27,560 | — | $27,560 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $195,939
- Estimated Expense Ratio: 1.172% 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 | $12,286,024 | $45,112 | — | $27,560 | — |
| 2024 | $270,972 | $47,281 | — | $29,150 | — |
| 2023 | $266,632 | $48,455 | — | $28,225 | — |
| 2022 | $276,399 | $56,846 | $30,943 | — | $80,546 |