Plan Snapshot
- Plan Sponsor: Decopac, INC.
- Sponsor EIN: 411711127
- Sponsor Address: 3500 THURSTON AVE, ANOKA, MN, 553034874
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $36.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 332 | $36.7M | $1.2M | $1.9M |
| 2023 | 338 | $34.6M | $954,655 | $1.8M |
| 2022 | 342 | $29.1M | $941,337 | $1.6M |
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 |
|---|---|---|---|---|
| ABBEY STREET LLC | INVESTMENT ADVISORY | $71,770 | $19 | $71,789 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $26,333 | — | $26,333 |
| 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: $98,122
- Estimated Expense Ratio: 0.268% 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 | $98,113 | $71,779 | $26,334 | — | — |
| 2023 | $85,483 | $61,835 | $23,648 | — | — |
| 2022 | $86,299 | $61,765 | $24,534 | — | — |