Plan Snapshot
- Plan Sponsor: Central Minnesota Mental Health Center
- Sponsor EIN: 410873142
- Sponsor Address: 411 3RD STREET NORTH, WAITE PARK, MN, 56387
- Plan Type: 403(b)
- Total Participants: 261
- Total Assets: $15.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 261 | $15.2M | $612,478 | $745,401 |
| 2023 | 269 | $14.4M | $624,016 | $719,171 |
| 2022 | 292 | $12.0M | $582,683 | $770,066 |
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 |
|---|---|---|---|---|
| BERGANKDV, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERGANKDV, LTD. — 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 | $69,502 | $7,887 | — | — | — |
| 2023 | $53,227 | $6,468 | — | — | — |
| 2022 | $34,774 | — | $34,774 | — | — |