Plan Snapshot
- Plan Sponsor: Clasen Quality Chocolate
- Sponsor EIN: 391921811
- Sponsor Address: 5126 WEST TERRACE DRIVE SUITE 100, MADISON, WI, 53718
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 898
- Total Assets: $83.9M
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 | 898 | $83.9M | $0 | $0 |
| 2024 | 669 | $67.5M | $3.0M | $5.1M |
| 2023 | 564 | $55.5M | $2.5M | $4.5M |
| 2022 | 562 | $43.9M | $2.5M | $4.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $18,209 | — | $18,209 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $15,560 | — | $15,560 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,769
- Estimated Expense Ratio: 0.040% 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 | $5,575,815 | $15,560 | — | — | — |
| 2024 | $7,127 | $11,200 | — | — | — |
| 2023 | $8,163 | $6,686 | — | — | — |
| 2022 | $5,099 | $3,237 | — | — | — |