Plan Snapshot
- Plan Sponsor: Araz Group De, LLC
- Sponsor EIN: 851591524
- Sponsor Address: 7201 W. 78TH STREET, BLOOMINGTON, MN, 554392508
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $8.0M
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. |
|---|---|---|---|---|
| 2024 | 129 | $8.0M | $328,468 | $848,432 |
| 2023 | 106 | $6.2M | $274,273 | $686,880 |
| 2022 | 90 | $4.7M | $53,729 | $478,303 |
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 |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | $36,488 | — | $36,488 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,488
- Estimated Expense Ratio: 0.453% 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 | $76,848 | $22,696 | $17,664 | $36,488 | — |
| 2023 | $53,792 | $18,781 | $14,798 | $20,213 | — |
| 2022 | $25,499 | $12,774 | $10,132 | — | $2,593 |