Plan Snapshot
- Plan Sponsor: Mdu Resources Group, INC.
- Sponsor EIN: 301133956
- Sponsor Address: 1200 WEST CENTURY AVENUE, BISMARCK, ND, 58503
- Plan Type: DB
- Total Participants: 103
- Total Assets: $89.9M
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 | 103 | $89.9M | $903,088 | $0 |
| 2023 | 118 | $97.9M | $1.1M | $0 |
| 2022 | 137 | $98.4M | $4.2M | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL TRUST COMPANY | TRUSTEE | $38,093 | — | $38,093 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMIN/ACTUARY | $27,125 | — | $27,125 |
| DELOITTE AND TOUCHE LLP | ACCOUNTANT | $25,466 | — | $25,466 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL TRUST COMPANY — TRUSTEE
- DELOITTE AND TOUCHE LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,684
- Estimated Expense Ratio: 0.101% 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 | $575,364 | — | $16,941 | $25,466 | — |
| 2023 | $584,353 | — | $47,238 | $10,755 | — |
| 2022 | $558,189 | — | $51,245 | — | $70,648 |