Plan Snapshot
- Plan Sponsor: Equus Holdings, INC.
- Sponsor EIN: 411827055
- Sponsor Address: 4400 W 78TH ST SUITE 110A, BLOOMINGTON, MN, 55435
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 238
- Total Assets: $28.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 238 | $28.6M | $0 | $0 |
| 2024 | 139 | $25.4M | $473,430 | $1.3M |
| 2023 | 134 | $24.7M | $506,783 | $1.5M |
| 2022 | 181 | $21.6M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $29,464 | — | $29,464 |
| WEALTHSPIRE RETIREMENT ADVISORY | Investment Advisor | $22,500 | — | $22,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,964
- Estimated Expense Ratio: 0.182% 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 |
|---|---|---|---|---|---|
| 2025 | $2,281,135 | $22,500 | $300 | — | — |
| 2024 | $72,447 | $22,500 | — | $18,200 | — |
| 2023 | $50,670 | $22,500 | — | — | — |
| 2022 | $65,262 | — | — | — | — |