Plan Snapshot
- Plan Sponsor: Metro Sales, INC.
- Sponsor EIN: 410957753
- Sponsor Address: 250 N RIVER RIDGE CIRCLE, BURNSVILLE, MN, 55337
- Plan Type: 401(k)
- Total Participants: 312
- Total Assets: $96.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 312 | $96.6M | $261,019 | $2.0M |
| 2023 | 265 | $84.9M | $2.0M | $1.7M |
| 2022 | 250 | $68.7M | $2.0M | $1.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $48,895 | — | $48,895 |
| BERGANKDV, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- BERGANKDV, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,895
- Estimated Expense Ratio: 0.051% 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 | -$45,810 | $48,895 | $300 | — | — |
| 2023 | -$34,269 | $53,624 | — | — | — |
| 2022 | -$26,311 | $45,206 | — | — | — |