Plan Snapshot
- Plan Sponsor: Federal Package Network, INC
- Sponsor EIN: 411475650
- Sponsor Address: 8100 POWERS BLVD, CHANHASSEN, MN, 55317
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 129 | $5.2M | $835,068 | $595,224 |
| 2023 | 95 | $3.7M | $354,553 | $492,894 |
| 2022 | 87 | $2.6M | $319,824 | $442,043 |
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 |
|---|---|---|---|---|
| MMA SECURITIES, LLC | Investment Advisor | $15,535 | — | $15,535 |
| PENTEGRA RETIREMENT | Recordkeeper | $6,398 | — | $6,398 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,933
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 | $845,279 | — | $31,448 | — | — |
| 2024 | $21,873 | — | $21,873 | — | — |
| 2023 | $209,199 | — | — | — | — |
| 2022 | $817,502 | — | — | — | — |