Plan Snapshot
- Plan Sponsor: Mankato Rehabilitation Center, INC.
- Sponsor EIN: 410736870
- Sponsor Address: 1750 ENERGY DR, MANKATO, MN, 56001
- Plan Type: 403(b)
- Total Participants: 1,341
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,341 | $12.5M | $414,233 | $565,340 |
| 2023 | 1,291 | $11.2M | $386,475 | $533,846 |
| 2022 | 1,290 | $9.8M | $384,929 | $505,422 |
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 | $366 | — | $366 |
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: $366
- Estimated Expense Ratio: 0.003% 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 | $56,737 | $28,038 | — | $366 | — |
| 2023 | $50,680 | $24,037 | — | — | — |
| 2022 | $50,550 | — | $50,550 | — | — |