Plan Snapshot
- Plan Sponsor: Jnd Holdings, INC.
- Sponsor EIN: 811397745
- Sponsor Address: 2301 JOHANNESON AVENUE NW, BEMIDJI, MN, 56601
- Plan Type: 401(k)
- Total Participants: 400
- Total Assets: $11.5M
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 | 400 | $11.5M | $260,227 | $465,559 |
| 2023 | 498 | $11.2M | $217,121 | $469,273 |
| 2022 | 463 | $10.2M | $269,340 | $509,902 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $35,129 | — | $35,129 |
| USI ADVISORS INC | INVESTMENT ADVISOR | $26,000 | — | $26,000 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $7,250 | — | $7,250 |
| MILLER MCDONALD INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,379
- Estimated Expense Ratio: 0.596% 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 | $63,900 | — | — | — | — |
| 2023 | $60,253 | $27,184 | — | — | — |
| 2022 | $90,509 | — | $90,509 | — | — |