Plan Snapshot
- Plan Sponsor: Branding Iron Holdings
- Sponsor EIN: 260648944
- Sponsor Address: 1825 7TH ST NW, ROCHESTER, MN, 55901
- Plan Type: 401(k)
- Total Participants: 635
- Total Assets: $34.1M
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. |
|---|---|---|---|---|
| 2024 | 635 | $34.1M | $1.3M | $2.4M |
| 2023 | 711 | $33.1M | $1.3M | $2.3M |
| 2022 | 742 | $28.0M | $1.2M | $2.2M |
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 |
|---|---|---|---|---|
| RUBINBROWN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUBINBROWN LLP — 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 | $126,759 | $46,657 | $80,102 | — | — |
| 2023 | $90,471 | $44,719 | $45,752 | — | — |
| 2022 | $100,997 | $47,067 | $39,930 | — | $14,000 |