Plan Snapshot
- Plan Sponsor: Bemobile, INC.
- Sponsor EIN: 450457555
- Sponsor Address: 2100 S COLUMBIA ROAD, SUITE 214, GRAND FORKS, ND, 58201
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $7.2M
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 | 309 | $7.2M | $290,093 | $806,955 |
| 2023 | 303 | $6.0M | $324,093 | $777,330 |
| 2022 | 305 | $4.4M | $285,968 | $737,577 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $42,589 | — | $42,589 |
| BRADY MARTZ & ASSICIATES, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- BRADY MARTZ & ASSICIATES, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,589
- Estimated Expense Ratio: 0.594% 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 | $42,589 | — | $28,407 | — | — |
| 2023 | $28,147 | — | $15,092 | — | — |
| 2022 | $23,189 | $23,189 | — | — | — |