Plan Snapshot
- Plan Sponsor: Leech Lake Band Of Ojibwe
- Sponsor EIN: 411710892
- Sponsor Address: 6268 UPPER CASS, CASS LAKE, MN, 56633
- Plan Type: 401(k)
- Total Participants: 877
- Total Assets: $16.6M
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. |
|---|---|---|---|---|
| 2024 | 877 | $16.6M | $1.5M | $641,622 |
| 2023 | 988 | $16.9M | $1.4M | $470,474 |
| 2022 | 998 | $15.2M | $1.3M | $437,922 |
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 |
|---|---|---|---|---|
| BRADY MARTZ & ASSOCIATES, P.C. | Auditor | $20,650 | — | $20,650 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY MARTZ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,650
- Estimated Expense Ratio: 0.124% 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 | $131,135 | — | $110,485 | $20,650 | — |
| 2023 | $129,357 | — | $109,357 | $20,000 | — |
| 2022 | $119,398 | $7,089 | $92,309 | — | $20,000 |