Plan Snapshot
- Plan Sponsor: Dunwoody College Of Technology
- Sponsor EIN: 410693856
- Sponsor Address: 818 DUNWOODY BOULEVARD, MINNEAPOLIS, MN, 554031141
- Plan Type: 401(k)
- Total Participants: 331
- Total Assets: $23.3M
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 | 331 | $23.3M | $447,075 | $1.3M |
| 2023 | 253 | $19.9M | $447,352 | $1.2M |
| 2022 | 255 | $16.7M | $436,024 | $1.2M |
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 | $56,090 | — | $56,090 |
| CLIFTONLARSONALLEN, LLP | NONE | $14,805 | — | $14,805 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- CLIFTONLARSONALLEN, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,895
- Estimated Expense Ratio: 0.304% 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 | $75,777 | $56,090 | — | $14,805 | — |
| 2023 | $68,005 | $51,125 | — | $13,230 | — |
| 2022 | $72,471 | $52,166 | $20,305 | — | — |