Plan Snapshot
- Plan Sponsor: Coborn'S Incorporated
- Sponsor EIN: 410824910
- Sponsor Address: 1921 COBORN BOULEVARD, SAINT CLOUD, MN, 56301
- Plan Type: 401(k)
- Total Participants: 7,095
- Total Assets: $162.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 7,095 | $162.1M | $1.3M | $11.2M |
| 2023 | 6,591 | $142.2M | $1.1M | $9.6M |
| 2022 | 6,600 | $124.3M | $672,989 | $8.5M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, 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 | $510,343 | $95,183 | — | — | — |
| 2023 | $485,837 | $37,999 | — | — | — |
| 2022 | $474,270 | $112,441 | $81,037 | — | $300 |