Plan Snapshot
- Plan Sponsor: Keb America, INC.
- Sponsor EIN: 411348864
- Sponsor Address: 5100 VALLEY INDUSTRIAL BLVD S, SHAKOPEE, MN, 55379
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $16.2M
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 | 125 | $16.2M | $253,634 | $806,708 |
| 2023 | 119 | $13.1M | $235,022 | $786,182 |
| 2022 | 105 | $10.0M | $203,202 | $658,338 |
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 |
|---|---|---|---|---|
| CHRISTENSEN GROUP FINANCIAL LLC | INVESTMENT ADVISOR | $43,819 | — | $43,819 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $17,964 | — | $17,964 |
| BOECKERMANN, GRAFSTROM & MAYER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOECKERMANN, GRAFSTROM & MAYER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,783
- Estimated Expense Ratio: 0.382% 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 | $65,315 | $47,351 | — | — | — |
| 2023 | $49,683 | $35,977 | — | — | — |
| 2022 | $47,478 | $32,750 | $14,728 | — | — |