Plan Snapshot
- Plan Sponsor: Distribution Alternatives
- Sponsor EIN: 410791842
- Sponsor Address: 6870 21ST AVENUE S, LINO LAKES, MN, 55038
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $8.0M
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 | 223 | $8.0M | $147,474 | $670,110 |
| 2023 | 299 | $8.4M | $173,275 | $770,759 |
| 2022 | 326 | $7.3M | $166,197 | $743,499 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | — | $23,017 | $23,017 |
| ADP, INC. | Recordkeeper | $12,007 | — | $12,007 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,024
- Estimated Expense Ratio: 0.437% 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 | $8,591 | — | — | — | — |
| 2023 | $8,350 | — | — | — | — |
| 2022 | $5,874 | — | — | — | — |