Plan Snapshot
- Plan Sponsor: Fs Brands, INC.
- Sponsor EIN: 421771604
- Sponsor Address: 38 RESNIK ROAD, SUITE 104, PLYMOUTH, MA, 02360
- Plan Type: 401(k)
- Total Participants: 2,428
- Total Assets: $127.5M
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 | 2,428 | $127.5M | $4.6M | $11.3M |
| 2023 | 2,487 | $96.8M | $4.3M | $10.8M |
| 2022 | 2,213 | $75.1M | $3.8M | $9.7M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $354,790 | — | $354,790 |
| ALERUS INVESTMENT ADVISORS, INC. | NONE | $13,581 | — | $13,581 |
| PRICEWATERHOUSE COOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- PRICEWATERHOUSE COOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $368,371
- Estimated Expense Ratio: 0.289% 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 | $368,371 | $13,581 | — | — | — |
| 2023 | $282,145 | $7,018 | — | — | — |
| 2022 | $255,495 | — | $255,495 | — | — |