Plan Snapshot
- Plan Sponsor: Cole Papers, INC.
- Sponsor EIN: 450129830
- Sponsor Address: 1300 38TH STREET NORTH, FARGO, ND, 581022802
- Plan Type: 401(k)
- Total Participants: 215
- Total Assets: $11.4M
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 | 215 | $11.4M | $28,219 | $625,145 |
| 2023 | 189 | $9.7M | $25,380 | $531,827 |
| 2022 | 204 | $8.6M | $26,295 | $510,796 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $32,398 | — | $32,398 |
| WIDMER ROEL PC | Auditor | $2,000 | — | $2,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- WIDMER ROEL PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,398
- Estimated Expense Ratio: 0.302% 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 | $34,398 | — | — | $2,000 | — |
| 2023 | $31,840 | — | — | — | — |
| 2022 | $31,960 | $29,771 | $2,189 | — | — |