Plan Snapshot
- Plan Sponsor: Commonbond Communities
- Sponsor EIN: 411260469
- Sponsor Address: 1080 MONTREAL AVENUE, ST. PAUL, MN, 551162311
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $20.0M
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. |
|---|---|---|---|---|
| 2024 | 230 | $20.0M | $488,293 | $1.2M |
| 2023 | 270 | $20.4M | $570,861 | $1.4M |
| 2022 | 326 | $18.0M | $544,573 | $1.4M |
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 |
|---|---|---|---|---|
| MAHONEY ULBRICH CHRISTIANSEN RUSS | Auditor | — | — | $0 |
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 | $66,201 | $22,688 | $43,513 | — | — |
| 2023 | $65,629 | — | $65,629 | — | — |
| 2022 | $56,756 | — | $56,756 | — | — |