Plan Snapshot
- Plan Sponsor: Fond Du Lac Reservation Business Committee
- Sponsor EIN: 410965719
- Sponsor Address: 1720 BIG LAKE ROAD, CLOQUET, MN, 55720
- Plan Type: 401(k)
- Total Participants: 1,675
- Total Assets: $110.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,675 | $110.7M | $3.9M | $6.4M |
| 2023 | 1,578 | $96.6M | $3.5M | $5.8M |
| 2022 | 1,490 | $82.1M | $3.3M | $5.5M |
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 |
|---|---|---|---|---|
| CBIZ FINANCIAL SOLUTIONS, INC. | Investment Advisor | $133,271 | — | $133,271 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $121,044 | — | $121,044 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,315
- Estimated Expense Ratio: 0.230% 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 | $254,314 | $133,270 | — | — | — |
| 2023 | $145,282 | $115,398 | — | — | — |
| 2022 | $287,949 | — | $158,226 | — | $129,723 |