# Bgm Group, LLC 401(k) Plan
Source: https://planprovider.pro/companies/bgm-group-llc-401k-plan

> Bgm Group, LLC's 401(k) plan: 153 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bgm Group, LLC

- **Sponsor EIN:** 411421691

- **Sponsor Address:** 7900 INTERNATIONAL DR., BLOOMINGTON, MN, 55425

- **Plan Type:** 401(k)

- **Total Participants:** 153

- **Total Assets:** $30.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|153|$30.1M|$1.0M|$1.3M|

| 2023|146|$25.3M|$967,262|$1.1M|

| 2022|138|$22.2M|$906,485|$990,446|

## 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|

| SELDEN FOX, LTD.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SELDEN FOX, LTD.](https://planprovider.pro/provider/selden-fox-ltd) — Auditor

## 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|$140,083|$113,217|—|—|—|

| 2023|$120,556|$98,008|—|—|—|

| 2022|$100,043|$38|—|—|—|

## Similar Plans

- [Boyum & Barenscheer, Pllp](https://planprovider.pro/companies/boyum-barenscheer-pllp-401k-plan) — 119 participants

- [Copeland Buhl & Company Pllp](https://planprovider.pro/companies/copeland-buhl-company-pllp-401k-plan) — 111 participants

- [Smith Schafer & Associates, Ltd.](https://planprovider.pro/companies/smith-schafer-and-associates-ltd-401k-plan) — 110 participants

- [Olsen Thielen & Co., Ltd](https://planprovider.pro/companies/olsen-thielen-co-ltd-401k-plan) — 100 participants

- [Redpath And Company Ltd](https://planprovider.pro/companies/redpath-and-company-ltd-plan) — 93 participants

- [Abdo, LLP](https://planprovider.pro/companies/abdo-llp-401k-plan) — 222 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/bgm-group-llc-401k-plan)

© 2026 PlanProvider.Pro