Plan Snapshot
- Plan Sponsor: Midcontinent Media, INC.
- Sponsor EIN: 460368489
- Sponsor Address: 3600 MINNESOTA DRIVE, MINNEAPOLIS, MN, 55435
- Plan Type: 401(k)
- Total Participants: 41
- Total Assets: $24.6M
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 | 41 | $24.6M | $324,573 | $811,996 |
| 2023 | 43 | $21.3M | $331,594 | $833,822 |
| 2022 | 47 | $18.0M | $338,432 | $839,974 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | $5,880 | — | $5,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,880
- Estimated Expense Ratio: 0.024% 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 | $55,494 | $12,258 | — | $5,880 | — |
| 2023 | $46,666 | $10,410 | — | $5,345 | — |
| 2022 | $52,456 | $10,874 | — | — | $13,650 |