Plan Snapshot
- Plan Sponsor: Kraus-Anderson, Incorporated
- Sponsor EIN: 410358300
- Sponsor Address: 501 SOUTH EIGHTH STREET, MINNEAPOLIS, MN, 55404
- Plan Type: 401(k)
- Total Participants: 521
- Total Assets: $121.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 521 | $121.5M | $2.6M | $6.0M |
| 2023 | 490 | $112.6M | $2.3M | $5.4M |
| 2022 | 457 | $96.4M | $2.1M | $5.0M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $5,443 | $3,043 | — | — | — |
| 2023 | $4,800 | $2,325 | — | — | — |
| 2022 | $4,183 | $2,008 | — | — | — |