Plan Snapshot
- Plan Sponsor: Mdu Resources Group, INC.
- Sponsor EIN: 301133956
- Sponsor Address: P.O. BOX 5650, BISMARCK, ND, 585065650
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 3,262
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,262 | $4.3M | $44.9M | $6.0M |
| 2023 | 5,036 | $6.9M | $57.6M | $9.6M |
| 2022 | 7,349 | $10.2M | $82.4M | $13.0M |
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 |
|---|---|---|---|---|
| BCBSMN,INC-DBA BLUECROSS BLUESHIELD | Other Service Provider | $1,637,493 | $1,467,670 | $3,105,163 |
| INCLUDED HEALTH, INC. | Other Service Provider | $399,521 | — | $399,521 |
| STRATACOR - DBA DELTA DENTAL | Other Service Provider | $120,271 | — | $120,271 |
| HEALTH EQUITY, INC. - DBA FURTHER | Other Service Provider | $63,978 | — | $63,978 |
| DELOITTE & TOUCHE LLC | Auditor | $55,129 | — | $55,129 |
| VISION SERVICE PLAN | Other Service Provider | $47,240 | — | $47,240 |
| PREFERRED BENEFITS CONCEPTS INC. | Other Service Provider | $21,400 | — | $21,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,812,702
- Estimated Expense Ratio: 89.366% 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 | $2,353,633 | — | $2,268,502 | $55,129 | — |
| 2023 | $3,138,407 | — | $3,034,066 | $27,575 | — |
| 2022 | $4,843,863 | — | $4,797,033 | — | $46,830 |