Plan Snapshot
- Plan Sponsor: Lakes & Prairies Community Action Partnership, INC.
- Sponsor EIN: 410905871
- Sponsor Address: 891 BELSLY BLVD, MOORHEAD, MN, 565605055
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 210
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 210 | $10.4M | $0 | $0 |
| 2024 | 127 | $8.9M | $351,049 | $281,430 |
| 2023 | 116 | $8.3M | $308,502 | $249,023 |
| 2022 | 113 | $6.7M | $269,957 | $190,409 |
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 |
|---|---|---|---|---|
| BERGAN KDV, LTD | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $664,064 | — | — | — | — |
| 2024 | $1,542 | — | — | — | — |
| 2023 | $398 | — | — | — | — |
| 2022 | $94 | — | — | — | — |