Plan Snapshot
- Plan Sponsor: Mann Lake Ltd.
- Sponsor EIN: 411570037
- Sponsor Address: 501 1ST STREET SOUTH,, HACKENSACK, MN, 56452
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $7.7M
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 | 295 | $7.7M | $329,891 | $552,043 |
| 2023 | 298 | $8.0M | $312,793 | $494,357 |
| 2022 | 272 | $6.7M | $375,101 | $594,912 |
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 |
|---|---|---|---|---|
| MILLER MCDONALD INC | Auditor | — | — | $0 |
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 | $51,984 | $45,859 | — | — | — |
| 2023 | $41,256 | — | — | — | — |
| 2022 | $33,798 | $19,324 | $14,474 | — | — |