Plan Snapshot
- Plan Sponsor: Foss North America, INC.
- Sponsor EIN: 411529328
- Sponsor Address: 6509 FLYING CLOUD DRIVE, SUITE 130, EDEN PRAIRIE, MN, 55344
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $27.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 95 | $27.9M | $1.3M | $1.0M |
| 2023 | 97 | $26.9M | $759,856 | $939,854 |
| 2022 | 101 | $23.1M | $202,683 | $878,256 |
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 |
|---|---|---|---|---|
| OLSON THIELEN & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OLSON THIELEN & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $7,472 | — | $7,472 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |