Plan Snapshot
- Plan Sponsor: Dominium Management Services, LLC
- Sponsor EIN: 262778954
- Sponsor Address: 2905 NORTHWEST BLVD, SUITE 150, PLYMOUTH, MN, 55441
- Plan Type: 401(k)
- Total Participants: 1,137
- Total Assets: $78.7M
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 | 1,137 | $78.7M | $1.4M | $5.0M |
| 2023 | 1,123 | $68.9M | $1.3M | $4.8M |
| 2022 | 607 | $46.8M | $1.3M | $4.6M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $210,716 | — | $210,716 |
| HAYS BENEFIT GROUP | REGISTERED INVESTMENT ADV | $61,863 | — | $61,863 |
| CLIFTONLARSONALLEN, LLP | AUDITOR | $22,800 | — | $22,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- HAYS BENEFIT GROUP — REGISTERED INVESTMENT ADV
- CLIFTONLARSONALLEN, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $295,379
- Estimated Expense Ratio: 0.375% 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 | $450,250 | $61,863 | $133,966 | $22,800 | — |
| 2023 | $538,347 | $59,312 | $102,281 | $18,500 | — |
| 2022 | $334,398 | $44,438 | $146,920 | — | $16,400 |