Plan Snapshot
- Plan Sponsor: Dooley'S Petroleum, INC.
- Sponsor EIN: 411525242
- Sponsor Address: 3101 3RD AVENUE SW, WILLMAR, MN, 56201
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $11.8M
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 | 192 | $11.8M | $628,885 | $925,491 |
| 2023 | 186 | $9.9M | $282,773 | $774,034 |
| 2022 | 188 | $7.6M | $257,169 | $735,236 |
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 |
|---|---|---|---|---|
| BREMER BANK NATIONAL ASSOCIATION | TRUSTEE | $28,409 | — | $28,409 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $15,677 | — | $15,677 |
| WESTBERG EISCHENS PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WESTBERG EISCHENS PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,086
- Estimated Expense Ratio: 0.373% 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 | $44,086 | — | — | — | — |
| 2023 | $22,856 | — | — | — | — |
| 2022 | $18,337 | — | $18,337 | — | — |