Plan Snapshot
- Plan Sponsor: Fph Morrie'S LLC
- Sponsor EIN: 475308569
- Sponsor Address: 12520 WAYZATA BLVD, MINNETONKA, MN, 55305
- Plan Type: 401(k)
- Total Participants: 1,360
- Total Assets: $53.1M
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 | 1,360 | $53.1M | $2.4M | $5.2M |
| 2023 | 1,356 | $44.4M | $2.1M | $4.6M |
| 2022 | 1,109 | $36.0M | $2.0M | $4.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $167,064 | — | $167,064 |
| RBC CAPITAL MARKETS, LLC | INVESTMENT ADVISOR | — | $63,907 | $63,907 |
| TAX SHELTERED COMPENSATION INC | OTHER SERVICES | $700 | $18,953 | $19,653 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS, LLC — INVESTMENT ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,624
- Estimated Expense Ratio: 0.472% 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 | $167,677 | — | $167,677 | — | — |
| 2023 | $152,318 | — | $152,318 | — | — |
| 2022 | $146,502 | — | $146,502 | — | — |