# Metropolitan Corp. DC Plan
Source: https://planprovider.pro/companies/metropolitan-corp-plan

> Metropolitan Corp.'s DC plan: 374 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Metropolitan Corp.

- **Sponsor EIN:** 411832140

- **Sponsor Address:** 4350 BAKER RD., MINNETONKA, MN, 55343

- **Plan Type:** DC

- **Total Participants:** 374

- **Total Assets:** $29.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|374|$29.1M|$0|$1.8M|

| 2023|378|$25.9M|$0|$1.8M|

| 2022|347|$23.4M|$0|$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|

| THE OAK RIDGE FINANCIAL SERVICES|ADVISOR|$66,680|—|$66,680|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$51,576|—|$51,576|

| BOMBERG HANSON & ASSOCIATES|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [BOMBERG HANSON & ASSOCIATES](https://planprovider.pro/provider/bomberg-hanson-and-associates) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $118,256

- **Estimated Expense Ratio:** 0.406% 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|$118,106|$66,680|—|—|—|

| 2023|$75,721|$39,368|—|—|—|

| 2022|$7,970|—|—|—|—|

## Similar Plans

- [Cornerstone Auto Group, LLC](https://planprovider.pro/companies/cornerstone-auto-group-llc-401k-plan) — 307 participants

- [Rochester Motor Company, INC.](https://planprovider.pro/companies/rochester-motor-company-inc-401k-plan) — 516 participants

- [Maplewood Motors, LLC](https://planprovider.pro/companies/maplewood-motors-llc-401k-plan) — 670 participants

- [Northland Dealers Investment Group, INC.](https://planprovider.pro/companies/northland-dealers-investment-group-inc-401k-plan) — 701 participants

- [Apple Valley Ford, INC.](https://planprovider.pro/companies/apple-valley-ford-inc-401k-plan) — 711 participants

- [Fph Morrie'S LLC](https://planprovider.pro/companies/fph-morrie-s-llc-401k-plan) — 1,360 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/metropolitan-corp-plan)

© 2026 PlanProvider.Pro