Plan Snapshot
- Plan Sponsor: Blu Dot Design & Manufacturing, INC.
- Sponsor EIN: 411860158
- Sponsor Address: 1321 TYLER STREET NE, MINNEAPOLIS, MN, 55413
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 357
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 357 | $15.6M | $0 | $0 |
| 2024 | 215 | $13.0M | $401,822 | $1.2M |
| 2023 | 221 | $11.0M | $164,328 | $1.1M |
| 2022 | 223 | $9.2M | $457,163 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $45,152 | — | $45,152 |
| CHRISTENSEN GROUP FINANCIAL LLC | Investment Advisor | $35,427 | — | $35,427 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $8,992 | — | $8,992 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,571
- Estimated Expense Ratio: 0.575% 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 |
|---|---|---|---|---|---|
| 2025 | $1,190,253 | $44,419 | — | — | — |
| 2024 | $87,971 | $45,440 | — | — | — |
| 2023 | $72,923 | $37,660 | — | — | — |
| 2022 | $72,250 | — | $72,250 | — | — |