Plan Snapshot
- Plan Sponsor: Butler Machinery Company
- Sponsor EIN: 450113700
- Sponsor Address: 3401 33RD ST. S, FARGO, ND, 58104
- Plan Type: DC
- Total Participants: 954
- Total Assets: $231.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 954 | $231.4M | $8.4M | $5.9M |
| 2023 | 906 | $214.9M | $7.5M | $5.5M |
| 2022 | 832 | $186.6M | $7.0M | $5.2M |
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 |
|---|---|---|---|---|
| BRADY MARTZ & ASSOCIATES, P.C. | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY MARTZ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.005% 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 | $104,351 | $16,250 | — | $11,000 | — |
| 2023 | $91,982 | $21,870 | — | $10,000 | — |
| 2022 | $76,240 | — | — | — | $9,400 |