Plan Snapshot
- Plan Sponsor: Edmentum
- Sponsor EIN: 411646390
- Sponsor Address: 5600 W 83RD STREET SUITE 300, BLOOMINGTON, MN, 55437
- Plan Type: 401(k)
- Total Participants: 1,128
- Total Assets: $115.4M
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 | 1,128 | $115.4M | $2.6M | $8.8M |
| 2023 | 1,189 | $102.6M | $2.7M | $8.4M |
| 2022 | 1,262 | $85.3M | $2.5M | $8.3M |
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 |
|---|---|---|---|---|
| MPCG | INVESTMENT ADVISOR | $20,833 | — | $20,833 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $19,593 | — | $19,593 |
| ELLINGSON & ELLINGSON, LTD. | ACCOUNTANT/AUDITOR | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,426
- Estimated Expense Ratio: 0.042% 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 | $20,905 | $19,593 | — | $8,000 | — |
| 2023 | $81,863 | $68,567 | $300 | $7,500 | — |
| 2022 | $60,105 | $52,913 | — | — | — |