Plan Snapshot
- Plan Sponsor: Dalsin Industries, INC.
- Sponsor EIN: 411227778
- Sponsor Address: 9111 GRAND AVENUE SO., BLOOMINGTON, MN, 55420
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $16.3M
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 | 148 | $16.3M | $254,893 | $679,327 |
| 2023 | 141 | $17.6M | $290,541 | $806,194 |
| 2022 | 157 | $17.8M | $585,393 | $714,784 |
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 | $51,635 | — | $51,635 |
| MORGAN STANLEY | NONE | $42,962 | — | $42,962 |
| PRICEKUBECKA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- MORGAN STANLEY — NONE
- PRICEKUBECKA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,597
- Estimated Expense Ratio: 0.580% 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 | $94,598 | $42,962 | — | — | — |
| 2023 | $98,665 | $43,624 | — | — | — |
| 2022 | $106,596 | $49,831 | — | — | — |