Plan Snapshot
- Plan Sponsor: Leevers Foods, INC.
- Sponsor EIN: 411890352
- Sponsor Address: 501 4TH STREET SOUTH, DEVILS LAKE, ND, 58301
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $12.4M
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 | 165 | $12.4M | $130,584 | $305,826 |
| 2023 | 138 | $11.1M | $133,453 | $334,522 |
| 2022 | 150 | $10.6M | $133,864 | $338,636 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | Investment Advisor | $8,642 | — | $8,642 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,642
- Estimated Expense Ratio: 0.070% 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 | $9,142 | — | — | — | — |
| 2023 | $11,341 | — | — | — | — |
| 2022 | $10,470 | — | — | — | — |