Plan Snapshot
- Plan Sponsor: Beckhoff Automation, LLC
- Sponsor EIN: 522124363
- Sponsor Address: 13130 DAKOTA AVENUE, SAVAGE, MN, 55378
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $43.3M
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 | 268 | $43.3M | $1.9M | $3.1M |
| 2023 | 258 | $35.0M | $1.8M | $2.8M |
| 2022 | 219 | $25.8M | $1.4M | $2.3M |
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 |
|---|---|---|---|---|
| COPELAND BUHL & COMPANY PLLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,024 | $44,537 | — | — | — |
| 2023 | $73,589 | $35,232 | — | — | — |
| 2022 | $59,774 | $6,439 | — | — | — |