Plan Snapshot
- Plan Sponsor: Icario, INC.
- Sponsor EIN: 853192831
- Sponsor Address: 1660 HIGHWAY 100 S, STE 545, ST. LOUIS PARK, MN, 55416
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $20.4M
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 | 200 | $20.4M | $1.1M | $2.1M |
| 2023 | 194 | $17.6M | $989,366 | $2.0M |
| 2022 | 240 | $15.4M | $1.2M | $2.5M |
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 |
|---|---|---|---|---|
| SMITH SCHAFER | Auditor | — | — | $0 |
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 | $113,731 | $56,808 | — | — | — |
| 2023 | $102,093 | $48,046 | — | — | — |
| 2022 | $102,870 | $5,364 | — | — | — |