Plan Snapshot
- Plan Sponsor: Koch Services, INC.
- Sponsor EIN: 992276736
- Sponsor Address: 4200 DAHLBERG DRIVE STE 100, MINNEAPOLIS, MN, 55422
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,802
- Total Assets: $63.8M
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. |
|---|---|---|---|---|
| 2025 | 1,802 | $63.8M | $0 | $0 |
| 2024 | 1,274 | $57.3M | $865,680 | $5.7M |
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 | $86,585 | — | $86,585 |
| MERRILL LYNCH | Investment Advisor | $16,693 | — | $16,693 |
| CLIFTONLARSONALLEN LLP | Auditor | $6,300 | — | $6,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,578
- Estimated Expense Ratio: 0.172% 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 | $9,772,295 | $44 | — | — | — |
| 2024 | $32,445 | — | — | — | — |