Plan Snapshot
- Plan Sponsor: Dispatchit, INC.
- Sponsor EIN: 832323726
- Sponsor Address: 1401 W 94TH ST, MINNEAPOLIS, MN, 55431
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $6.0M
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 | 115 | $6.0M | $340,310 | $979,769 |
| 2023 | 119 | $4.5M | $317,748 | $987,286 |
| 2022 | 149 | $3.1M | $389,641 | $1.1M |
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 |
|---|---|---|---|---|
| BDO USA, P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C — Auditor
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 | $18,842 | — | $18,842 | — | — |
| 2023 | $10,708 | — | $14,553 | — | — |
| 2022 | $14,316 | — | $14,316 | — | — |