Plan Snapshot
- Plan Sponsor: Arcserve LLC
- Sponsor EIN: 934652995
- Sponsor Address: 6600 CITY WEST PARKWAY STE 215 SUIT, EDEN PRAIRIE, MN, 55344
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $21.9M
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 | 87 | $21.9M | $472,589 | $1.1M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS | Investment Advisor | $80,627 | — | $80,627 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $24,205 | — | $24,205 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $9,114 | — | $9,114 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,946
- Estimated Expense Ratio: 0.520% 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 | $113,946 | $89,741 | — | — | — |