Plan Snapshot
- Plan Sponsor: Katun Corporation
- Sponsor EIN: 411335933
- Sponsor Address: 7760 FRANCE AVE S, MINNEAPOLIS, MN, 55435
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 200
- Total Assets: $36.4M
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. |
|---|---|---|---|---|
| 2025 | 200 | $36.4M | $0 | $0 |
| 2024 | 95 | $32.2M | $117,747 | $572,844 |
| 2023 | 81 | $30.7M | $140,446 | $548,857 |
| 2022 | 83 | $28.0M | $158,237 | $581,968 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $34,109 | — | $34,109 |
| CHRISTENSEN GROUP FINANCIAL LLC | Investment Advisor | $27,391 | — | $27,391 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,500
- Estimated Expense Ratio: 0.169% 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 |
|---|---|---|---|---|---|
| 2025 | $1,357,162 | $27,391 | — | — | — |
| 2024 | $50,232 | $27,128 | $600 | — | — |
| 2023 | $52,093 | $26,676 | — | — | — |
| 2022 | $51,902 | $824 | — | — | — |