Plan Snapshot
- Plan Sponsor: Holden Farms, INC.
- Sponsor EIN: 410979973
- Sponsor Address: PO BOX 257, NORTHFIELD, MN, 550570000
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 177
- Total Assets: $17.3M
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 | 177 | $17.3M | $545,072 | $487,216 |
| 2023 | 185 | $14.4M | $536,922 | $489,989 |
| 2022 | 171 | $14.4M | $491,077 | $467,684 |
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 |
|---|---|---|---|---|
| MURRAY FINANCIAL GROUP LLC DBA ISC | Investment Advisor | $37,763 | — | $37,763 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $24,621 | — | $24,621 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,384
- Estimated Expense Ratio: 0.361% 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 | $63,442 | $38,821 | — | — | — |
| 2023 | $59,537 | $35,595 | — | — | — |
| 2022 | $53,445 | — | $53,445 | — | — |