Plan Snapshot
- Plan Sponsor: Demmer Investments Iii, INC
- Sponsor EIN: 273546895
- Sponsor Address: 3990 PEAVEY ROAD, CHASKA, MN, 55318
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $17.8M
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 | 173 | $17.8M | $136,669 | $759,094 |
| 2023 | 140 | $15.9M | $219,435 | $714,173 |
| 2022 | 145 | $14.1M | $214,348 | $714,136 |
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 |
|---|---|---|---|---|
| SMITH, SCHAFER & ASSOCIATES, LTD | Auditor | $14,335 | — | $14,335 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,335
- Estimated Expense Ratio: 0.081% 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 | $18,193 | $765 | — | $14,335 | — |
| 2023 | $22,012 | — | $11,766 | $10,350 | — |
| 2022 | $20,252 | — | $9,031 | — | $7,983 |