Plan Snapshot
- Plan Sponsor: Dri-Steem Corporation
- Sponsor EIN: 392015247
- Sponsor Address: 14949 TECHNOLOGY DRIVE, EDEN PRAIRIE, MN, 55344
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $22.4M
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 | 210 | $22.4M | $398,350 | $1.3M |
| 2023 | 128 | $20.1M | $347,326 | $1.2M |
| 2022 | 132 | $18.4M | $345,662 | $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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
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 | $13,376 | $8,128 | — | — | — |
| 2023 | $14,876 | $10,991 | — | — | — |
| 2022 | $17,856 | — | $17,856 | — | — |