Plan Snapshot
- Plan Sponsor: Greater Minnesota Family Services
- Sponsor EIN: 411851475
- Sponsor Address: 2320 EAST HIGHWAY 12, SUITE 2, WILLMAR, MN, 562011801
- Plan Type: DC
- Total Participants: 209
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 209 | $6.7M | $185,199 | $348,868 |
| 2023 | 201 | $6.4M | $180,813 | $335,562 |
| 2022 | 149 | $5.4M | $178,640 | $319,195 |
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 |
|---|---|---|---|---|
| WESTBERG EISCHENS, PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WESTBERG EISCHENS, PLLP — 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 | $22,207 | — | $22,207 | — | — |
| 2023 | $17,773 | — | $17,773 | — | — |
| 2022 | $18,730 | — | — | — | $18,730 |