Plan Snapshot
- Plan Sponsor: Marvin Lumber And Cedar Company
- Sponsor EIN: 410396845
- Sponsor Address: 401 STATE AVENUE N PO BOX 100, WARROAD, MN, 56763
- Plan Type: 401(k)
- Plan Number: 333
- Total Participants: 10,254
- Total Assets: $786.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 10,254 | $786.8M | $0 | $0 |
| 2024 | 7,932 | $692.9M | $19.0M | $34.2M |
| 2023 | 6,752 | $592.3M | $16.7M | $34.3M |
| 2022 | 6,753 | $508.9M | $15.3M | $31.3M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | Other Service Provider | $550,552 | — | $550,552 |
| EMPOWER ANNUITY INS CO OF AMERICA | Other Service Provider | $402,355 | — | $402,355 |
| SAGEVIEW ADVISORY GROUP LLC | Other Service Provider | $111,020 | — | $111,020 |
| CLIFTONLARSONALLEN LLP | Other Service Provider | $16,170 | — | $16,170 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,080,097
- Estimated Expense Ratio: 0.137% 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 |
|---|---|---|---|---|---|
| 2025 | $74,255,119 | $661,571 | — | $16,170 | — |
| 2024 | $899,446 | $567,999 | — | $10,064 | — |
| 2023 | $919,359 | $502,619 | — | $21,751 | — |
| 2022 | $883,841 | $591,074 | — | — | $15,495 |