Plan Snapshot
- Plan Sponsor: H.B. Fuller Company
- Sponsor EIN: 410268370
- Sponsor Address: PO BOX 64683, ST PAUL, MN, 55164
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 3,440
- Total Assets: $562.1M
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. |
|---|---|---|---|---|
| 2025 | 3,440 | $562.1M | $0 | $0 |
| 2024 | 2,838 | $529.3M | $13.1M | $23.1M |
| 2023 | 2,526 | $488.2M | $12.2M | $21.4M |
| 2022 | 2,561 | $417.9M | $12.8M | $19.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $621,937 | — | $621,937 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $214,194 | — | $214,194 |
| AON INVESTMENTS USA INC | Other Service Provider | $80,000 | — | $80,000 |
| BDO USA, P.C. | Other Service Provider | $79,300 | — | $79,300 |
| STEVEN DOUGLAS ASSOCIATES LLC | Other Service Provider | $61,253 | — | $61,253 |
| FAEGRE DRINKER BIDDLE & REATH LLP | Other Service Provider | $10,521 | — | $10,521 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,067,205
- Estimated Expense Ratio: 0.190% 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 |
|---|---|---|---|---|---|
| 2025 | $84,719,218 | $373,494 | — | — | — |
| 2024 | $1,045,225 | $360,641 | — | $10,750 | — |
| 2023 | $982,730 | $363,961 | — | $50,225 | — |
| 2022 | $940,566 | $333,619 | — | — | $49,500 |