Plan Snapshot
- Plan Sponsor: Education Minnesota Hra
- Sponsor EIN: 411916882
- Sponsor Address: 41 SHERBURNE AVE, SAINT PAUL, MN, 551032119
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 151
- Total Assets: $3.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 151 | $3.7M | $692,678 | $0 |
| 2023 | 156 | $3.3M | $648,536 | $0 |
| 2022 | 152 | $3.1M | $455,503 | $0 |
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 |
|---|---|---|---|---|
| AVIBEN | Recordkeeper | $21,751 | — | $21,751 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,751
- Estimated Expense Ratio: 0.591% 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 | $21,751 | — | $21,751 | — | — |
| 2023 | $5,423 | — | $5,423 | — | — |
| 2022 | $5,749 | — | $5,749 | — | — |