Plan Snapshot
- Plan Sponsor: Beverage Wholesalers, INC.
- Sponsor EIN: 410918769
- Sponsor Address: 701 - 4TH AVENUE NORTH, FARGO, ND, 58107
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 117
- Total Assets: $7.3M
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 | 117 | $7.3M | $238,920 | $262,969 |
| 2023 | 116 | $7.2M | $232,532 | $243,554 |
| 2022 | 115 | $5.8M | $266,303 | $223,532 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $8,459 | — | $8,459 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,459
- Estimated Expense Ratio: 0.116% 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 | $8,437 | — | $8,437 | — | — |
| 2023 | $3,281 | — | $3,281 | — | — |
| 2022 | $1,971 | — | $1,971 | — | — |