# Board Of Trustees Of The Twin City Floor Covering Fringe Benefit Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-floor-covering-fringe-benefit-trust-410968646-501

> Board Of Trustees Of The Twin City Floor Covering Fringe Benefit Trust's Health & Welfare plan: 81 participants, plan year 2024 financials, providers, and be…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of The Twin City Floor Covering Fringe Benefit Trust

- **Sponsor EIN:** 410968646

- **Sponsor Address:** 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 81

- **Total Assets:** $1.2M

## 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|81|$1.2M|$650,491|$0|

| 2023|85|$1.3M|$624,475|$0|

| 2022|87|$1.4M|$555,940|$0|

## 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|

| CHRISTOPHER FAVREAU|Other Service Provider|$180,530|—|$180,530|

| KELLY BAKKE|Other Service Provider|$167,746|—|$167,746|

| CLIFTONLARSONALLEN LLP|Auditor|$15,960|—|$15,960|

| REINHART BOERNER VAN DEUREN S.C.|Other Service Provider|$6,820|—|$6,820|

### Verified Provider Profiles

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

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $371,056

- **Estimated Expense Ratio:** 30.374% 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|$594,841|—|$840|$15,960|—|

| 2023|$595,142|—|$840|$20,685|—|

| 2022|$524,580|—|$315,654|—|$20,804|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-floor-covering-fringe-benefit-trust-410968646-501)

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