Plan Snapshot
- Plan Sponsor: Bolton & Menk, INC.
- Sponsor EIN: 410832249
- Sponsor Address: 1960 PREMIER DRIVE, MANKATO, MN, 560015900
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 1,365
- Total Assets: $192.5M
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 | 1,365 | $192.5M | $0 | $0 |
| 2024 | 1,089 | $155.3M | $3.9M | $10.0M |
| 2023 | 952 | $130.6M | $3.3M | $8.4M |
| 2022 | 829 | $104.3M | $2.7M | $7.1M |
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 | $187,285 | — | $187,285 |
| WELLTH ADVISORY SERVICES, LLC | Investment Advisor | — | $55,477 | $55,477 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $242,762
- Estimated Expense Ratio: 0.126% 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 | $7,015,805 | — | $164,913 | — | — |
| 2024 | $173,402 | — | $173,402 | — | — |
| 2023 | $150,236 | — | $150,236 | — | — |
| 2022 | $152,325 | — | $152,325 | — | — |