Plan Snapshot
- Plan Sponsor: Letnes Restaurant Group INC. And Affiliates
- Sponsor EIN: 411500812
- Sponsor Address: 137 2ND AVENUE S, WAITE PARK, MN, 56387
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $1.5M
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 | 413 | $1.5M | $131,892 | $345,565 |
| 2023 | 715 | $1.2M | $137,791 | $339,785 |
| 2022 | 604 | $649,801 | $132,419 | $334,380 |
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 | $23,792 | — | $23,792 | — | — |
| 2023 | $14,872 | — | $14,872 | — | — |
| 2022 | $8,274 | — | $8,274 | — | — |