Plan Snapshot
- Plan Sponsor: Barr Engineering Co.
- Sponsor EIN: 410905995
- Sponsor Address: 4300 MARKETPOINTE DRIVE, MINNEAPOLIS, MN, 55435
- Plan Type: DC
- Total Participants: 1,059
- Total Assets: $277.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 1,059 | $277.1M | $3.0M | $12.2M |
| 2023 | 1,018 | $241.4M | $2.7M | $10.8M |
| 2022 | 931 | $202.5M | $2.4M | $9.5M |
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 | NONE | $82,095 | — | $82,095 |
| CLIFTONLARSONALLEN LLP | Auditor | $2,386 | — | $2,386 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,481
- Estimated Expense Ratio: 0.030% 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 | $84,531 | — | — | $2,386 | — |
| 2023 | $85,315 | — | — | — | — |
| 2022 | $111,034 | — | — | — | — |