Plan Snapshot
- Plan Sponsor: Driasi
- Sponsor EIN: 411430210
- Sponsor Address: 7930 CENTURY BOULEVARD, CHANHASSEN, MN, 55317
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $17.0M
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 | 98 | $17.0M | $156,920 | $545,526 |
| 2023 | 87 | $18.6M | $149,754 | $518,834 |
| 2022 | 79 | $19.2M | $135,802 | $465,171 |
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 |
|---|---|---|---|---|
| PREVAIL INNOVATIVE WEALTH ADVISORS | ADVISOR | $19,128 | — | $19,128 |
| INTELLICENTS INVEST SOLUTIONS INC | ADVISOR | $16,968 | — | $16,968 |
| REDPATH AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PREVAIL INNOVATIVE WEALTH ADVISORS — ADVISOR
- INTELLICENTS INVEST SOLUTIONS INC — ADVISOR
- REDPATH AND COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,096
- Estimated Expense Ratio: 0.212% 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 | $38,102 | $36,096 | — | — | — |
| 2023 | $50,619 | $40,805 | — | — | — |
| 2022 | $50,290 | — | — | — | — |