# Board Of Trustees, Minneapolis Retail Meat Cutters & Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-minneapolis-retail-meat-cutters-410905139-501

> Board Of Trustees, Minneapolis Retail Meat Cutters &'s Health & Welfare plan: 4,091 participants, plan year 2024 financials, providers, and benchmarks from F…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees, Minneapolis Retail Meat Cutters &

- **Sponsor EIN:** 410905139

- **Sponsor Address:** 3001 METRO DR STE 500, BLOOMINGTON, MN, 55425

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 4,091

- **Total Assets:** $49.2M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|4,091|$49.2M|$41.5M|$4.2M|

| 2023|3,254|$44.9M|$34.9M|$3.3M|

| 2022|3,287|$43.1M|$41.7M|$3.7M|

## 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|

| WILSON-MCSHANE CORPORATION|Other Service Provider|$1,318,000|—|$1,318,000|

| UMR, INC.|Other Service Provider|$1,074,488|—|$1,074,488|

| THE SEGAL COMPANY|Other Service Provider|$199,475|—|$199,475|

| MORGAN, LEWIS & BOCKIUS LLP|ERISA Attorney|$160,929|—|$160,929|

| SLEVIN & HART, P.C.|ERISA Attorney|$141,348|—|$141,348|

| TEAM, INC.|Other Service Provider|$134,283|—|$134,283|

| EXPRESS SCRIPTS|Other Service Provider|$110,204|—|$110,204|

| DDMN ASO, LLC|Other Service Provider|$108,117|—|$108,117|

| LEGACY PROFESSIONALS LLP|Auditor|$34,494|—|$34,494|

| SEGAL MARCO ADVISORS|Other Service Provider|$30,789|—|$30,789|

| SHUMAKER, LOOP & KENDRICK, LLP|Other Service Provider|$27,700|—|$27,700|

| NATIONAL INVESTMENT SERVICES OF AME|Other Service Provider|$21,793|—|$21,793|

| BMO HARRIS|Other Service Provider|$7,655|—|$7,655|

| HONSA BINDER PRINTING|Other Service Provider|$7,078|—|$7,078|

| SOMMERS & FAHRENBACH, INC.|Other Service Provider|$5,121|—|$5,121|

### Verified Provider Profiles

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

- [MORGAN, LEWIS & BOCKIUS LLP](https://planprovider.pro/provider/meyer-unkovic-and-scott-llp) — ERISA Attorney

- [SLEVIN & HART, P.C.](https://planprovider.pro/provider/slevin-and-hart-pc) — ERISA Attorney

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $3,381,474

- **Estimated Expense Ratio:** 6.876% 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|$1,083,352|$50,744|$419,000|$34,494|—|

| 2023|$943,480|$68,661|$404,400|$33,140|—|

| 2022|$704,955|$129,640|$392,000|—|$146,284|

## Similar Plans

- [Coborns Incorporated](https://planprovider.pro/companies/coborns-incorporated-plan) — 3,875 participants

- [Coborn'S Incorporated](https://planprovider.pro/companies/coborn-s-incorporated-410824910-506) — 3,374 participants

- [Miner'S INC.](https://planprovider.pro/companies/miner-s-inc-401k-plan) — 3,042 participants

- [Lund Food Holdings, INC.](https://planprovider.pro/companies/lund-food-holdings-inc-plan-004) — 2,414 participants

- [Coborn'S Incorporated](https://planprovider.pro/companies/coborn-s-incorporated-410824910-526) — 2,279 participants

- [Coborn'S Incorporated](https://planprovider.pro/companies/coborn-s-incorporated-410824910-509) — 2,115 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-minneapolis-retail-meat-cutters-410905139-501)

© 2026 PlanProvider.Pro