Plan Snapshot
- Plan Sponsor: Foss Swim School, LLC
- Sponsor EIN: 272224351
- Sponsor Address: 10050 CROSSTOWN CIRCLE, SUITE 650, EDEN PRAIRIE, MN, 55344
- Plan Type: 401(k)
- Total Participants: 1,040
- Total Assets: $8.3M
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 | 1,040 | $8.3M | $314,126 | $630,426 |
| 2023 | 922 | $6.7M | $234,976 | $496,972 |
| 2022 | 833 | $5.2M | $225,437 | $453,183 |
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 |
|---|---|---|---|---|
| ELLINGSON & ELLINGSON, LTD | Auditor | — | — | $0 |
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 | $53,436 | — | — | — | — |
| 2023 | $43,817 | — | — | — | — |
| 2022 | $35,807 | — | — | — | $35,807 |