Plan Snapshot
- Plan Sponsor: Jerrys Enterprises, INC.
- Sponsor EIN: 410834686
- Sponsor Address: 5101 VERNON AVENUE SOUTH, EDINA, MN, 55436
- Plan Type: 401(k)
- Total Participants: 1,394
- Total Assets: $44.9M
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 | 1,394 | $44.9M | $2.6M | $1.2M |
| 2023 | 1,304 | $41.6M | $2.5M | $1.1M |
| 2022 | 1,277 | $35.3M | $2.9M | $1.1M |
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 |
|---|---|---|---|---|
| MILLER WELLE HEISER & CO., LTD | Auditor | $7,950 | — | $7,950 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,950
- Estimated Expense Ratio: 0.018% 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 | $67,666 | $31,986 | $27,730 | $7,950 | — |
| 2023 | $87,827 | $45,230 | $34,747 | $7,850 | — |
| 2022 | $86,574 | $49,804 | $29,120 | — | $7,650 |