Plan Snapshot
- Plan Sponsor: Grundfos Pumps Corporation
- Sponsor EIN: 942248162
- Sponsor Address: 3905 ENTERPRISE COURT, AURORA, IL, 60504
- Plan Type: 401(k)
- Total Participants: 1,290
- Total Assets: $250.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,290 | $250.9M | $6.2M | $10.3M |
| 2023 | 1,289 | $223.8M | $6.1M | $9.8M |
| 2022 | 1,274 | $198.1M | $5.6M | $8.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $132,162 | — | $132,162 |
| TOWERS WATSON INVESTMENT SERVICES | ADVISOR | $75,000 | — | $75,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $38,880 | — | $38,880 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $17,325 | — | $17,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $263,367
- Estimated Expense Ratio: 0.105% 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 | $263,367 | $83,880 | $1,500 | $17,325 | — |
| 2023 | $228,048 | $75,356 | — | $30,188 | — |
| 2022 | $72,180 | $1,188 | — | — | — |