Plan Snapshot
- Plan Sponsor: Brosz Engineering, INC.
- Sponsor EIN: 450424007
- Sponsor Address: 104 S MAIN, BOWMAN, ND, 58623
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $22.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 109 | $22.2M | $1.2M | $975,766 |
| 2023 | 108 | $23.3M | $1.1M | $1.0M |
| 2022 | 108 | $20.6M | $913,189 | $875,198 |
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 |
|---|---|---|---|---|
| CAMBRIDGE INVESTMENT RESEARCH, INC. | RECORD KEEPER | $43,348 | — | $43,348 |
| KETEL THORSTENSON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KETEL THORSTENSON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,348
- Estimated Expense Ratio: 0.195% 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 | $46,565 | — | — | — | — |
| 2023 | $58,764 | — | $58,764 | — | — |
| 2022 | $55,189 | — | $55,189 | — | — |