Plan Snapshot
- Plan Sponsor: Conleasco, INC. Dba Becker Furniture
- Sponsor EIN: 411309858
- Sponsor Address: 12940 PROSPERITY AVENUE, BECKER, MN, 55308
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $6.1M
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 | 80 | $6.1M | $46,251 | $249,404 |
| 2023 | 94 | $5.6M | $62,741 | $273,374 |
| 2022 | 106 | $4.7M | $52,495 | $254,825 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $25,153 | — | $25,153 |
| BANK OF AMERICA NA | Investment Advisor | $14,076 | — | $14,076 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,229
- Estimated Expense Ratio: 0.638% 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 | $39,229 | $14,076 | — | — | — |
| 2023 | $43,616 | $21,018 | — | — | — |
| 2022 | $22,713 | — | — | — | — |