Plan Snapshot
- Plan Sponsor: Japs-Olson Company
- Sponsor EIN: 410333810
- Sponsor Address: 7500 EXCELSIOR BLVD, ST. LOUIS PARK, MN, 55426
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $60.8M
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 | 503 | $60.8M | $485,453 | $3.1M |
| 2023 | 556 | $64.1M | $508,283 | $3.3M |
| 2022 | 540 | $63.1M | $555,402 | $3.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $87,341 | — | $87,341 |
| SWBC RETIREMENT PLAN SER | INVESTMENT ADVISORY | $40,129 | — | $40,129 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,470
- Estimated Expense Ratio: 0.210% 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 | $127,470 | $40,129 | $87,341 | — | — |
| 2023 | $115,633 | $23,574 | $92,059 | — | — |
| 2022 | $117,653 | $32,764 | $84,889 | — | — |