Plan Snapshot
- Plan Sponsor: Laura Baker School Association
- Sponsor EIN: 411291483
- Sponsor Address: 211 OAK ST, NORTHFIELD, MN, 550572300
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $1.7M
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 | 137 | $1.7M | $35,024 | $170,132 |
| 2023 | 138 | $1.6M | $32,130 | $171,218 |
| 2022 | 122 | $1.4M | $50,387 | $132,111 |
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 |
|---|---|---|---|---|
| LB CARLSON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LB CARLSON 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 | $17,269 | $3,210 | $13,199 | — | — |
| 2023 | $16,788 | $500 | $15,428 | — | — |
| 2022 | $15,598 | $500 | $15,098 | — | — |