Plan Snapshot
- Plan Sponsor: Jacobs Management Corporation
- Sponsor EIN: 411458571
- Sponsor Address: 8096 EXCELSIOR BOULEVARD, HOPKINS, MN, 55343
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $32.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | $32.9M | $469,894 | $1.1M |
| 2023 | 169 | $32.3M | $394,031 | $1.0M |
| 2022 | 171 | $29.2M | $389,990 | $965,742 |
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 AND ASSOCIATES, LTD | 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 | $99,863 | $34,375 | $65,488 | — | — |
| 2023 | $93,362 | $41,250 | $52,112 | — | — |
| 2022 | $67,969 | — | — | — | $67,969 |