Plan Snapshot
- Plan Sponsor: Midwest Hardwood Company LLC
- Sponsor EIN: 871042445
- Sponsor Address: 9540 83RD AVENUE NORTH, MAPLE GROVE, MN, 55369
- Plan Type: 401(k)
- Total Participants: 571
- Total Assets: $26.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 571 | $26.4M | $124,987 | $1.8M |
| 2023 | 524 | $22.8M | $69,597 | $1.2M |
| 2022 | 523 | $19.2M | $68,771 | $1.1M |
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 |
|---|---|---|---|---|
| CHIAMPOU TRAVIS BESAW & KERSHNER LL | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $56,871 | — | $56,871 | — | — |
| 2023 | $63,311 | — | $63,311 | — | — |
| 2022 | $84,032 | — | $84,032 | — | — |