# Korber Supply Chain Us, INC. 401(k) Plan
Source: https://planprovider.pro/companies/korber-supply-chain-us-inc-401k-plan

> Korber Supply Chain Us, INC.'s 401(k) plan: 539 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Korber Supply Chain Us, INC.

- **Sponsor EIN:** 412277297

- **Sponsor Address:** 7760 FRANCE AVE S #800, BLOOMINGTON, MN, 55435

- **Plan Type:** 401(k)

- **Total Participants:** 539

- **Total Assets:** $75.6M

## 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.|

| 2024|539|$75.6M|$1.7M|$6.1M|

| 2023|550|$70.5M|$2.0M|$6.5M|

| 2022|632|$57.0M|$1.5M|$4.9M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$136,256|—|$136,256|

| MMA SECURITES LLC|INVESTMENT ADVISORY|—|$67,262|$67,262|

| PRICE WATERHOUSE COOPERS LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MMA SECURITES LLC](https://planprovider.pro/provider/lpl-financial-llc) — INVESTMENT ADVISORY

- [PRICE WATERHOUSE COOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $203,518

- **Estimated Expense Ratio:** 0.269% 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|$136,257|—|$136,257|—|—|

| 2023|$122,966|—|$122,966|—|—|

| 2022|$112,758|—|$112,758|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/korber-supply-chain-us-inc-401k-plan)

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