Plan Snapshot
- Plan Sponsor: Diversified Management Group, INC.
- Sponsor EIN: 273524206
- Sponsor Address: 2280 EASTRIDGE CENTER, EAU CLAIRE, WI, 54701
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $4.2M
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 | 250 | $4.2M | $125,309 | $276,908 |
| 2023 | 892 | $3.7M | $146,709 | $304,246 |
| 2022 | 949 | $3.4M | $112,326 | $240,444 |
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 | $16,736 | — | $16,736 |
| ORGEL WEALTH MANAGEMENT | NONE | $11,902 | — | $11,902 |
| CLIFTONLARSONALLEN LLP | Auditor | $11,902 | — | $11,902 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,540
- Estimated Expense Ratio: 0.967% 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 | $28,638 | $10,696 | — | $11,902 | — |
| 2023 | $22,185 | $10,501 | — | — | — |
| 2022 | $18,510 | $9,673 | — | — | — |