Plan Snapshot
- Plan Sponsor: Faegre Drinker Biddle & Reath LLP
- Sponsor EIN: 410244008
- Sponsor Address: 2200 WELLS FARGO CENTER, MINNEAPOLIS, MN, 55402
- Plan Type: 401(k)
- Total Participants: 1,298
- Total Assets: $768.2M
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. |
|---|---|---|---|---|
| 2024 | 1,298 | $768.2M | $14.8M | $14.9M |
| 2023 | 1,320 | $716.9M | $14.0M | $13.8M |
| 2022 | 1,363 | $623.0M | $12.9M | $13.4M |
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 |
|---|---|---|---|---|
| COMPASS CAPITAL MANAGEMENT INC | NONE | $184,280 | — | $184,280 |
| HEMINGTON WEALTH MANAGEMENT LL | NONE | $91,773 | — | $91,773 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $82,120 | — | $82,120 |
| RIVERBRIDGE PARTNERS LLC | NONE | $35,873 | — | $35,873 |
| SAVANT CAPITAL LLC | NONE | $33,650 | — | $33,650 |
| ROUNDVIEW CAPITAL LLC | NONE | $30,460 | — | $30,460 |
| BERGER FINANCIAL GROUP INC | NONE | $23,188 | — | $23,188 |
| FISHER INVESTMENTS | NONE | $21,278 | — | $21,278 |
| SNS FINANCIAL GROUP LLC | NONE | $19,878 | — | $19,878 |
| VALUE WEALTH MANAGEMENT LLC | NONE | $16,840 | — | $16,840 |
| ALLODIUM INVESTMENT CONSULTANT | NONE | $12,810 | — | $12,810 |
| ENVESTNET ASSET MANAGEMENT INC | NONE | $11,031 | — | $11,031 |
| MARINER LLC | NONE | $10,777 | — | $10,777 |
| CREATIVE PLANNING LLC | NONE | $10,000 | — | $10,000 |
| BRINKER CAPITAL INVESTMENTS LL | NONE | $8,795 | — | $8,795 |
| MOLLER WEALTH PARTNERS INC | NONE | $5,385 | — | $5,385 |
| BAKER TILLY US,LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- SAVANT CAPITAL LLC — NONE
- FISHER INVESTMENTS — NONE
- CREATIVE PLANNING LLC — NONE
- BAKER TILLY US,LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $598,138
- Estimated Expense Ratio: 0.078% 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 | $604,443 | $522,273 | — | — | — |
| 2023 | $503,373 | $422,137 | — | — | — |
| 2022 | $489,022 | $412,103 | — | — | — |