Plan Snapshot
- Plan Sponsor: Mille Lacs Corporate Ventures
- Sponsor EIN: 411886671
- Sponsor Address: 700 GRAND AVE., ONAMIA, MN, 56359
- Plan Type: 401(k)
- Total Participants: 1,472
- Total Assets: $85.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 1,472 | $85.3M | $2.1M | $3.1M |
| 2023 | 1,925 | $76.7M | $2.0M | $2.9M |
| 2022 | 1,957 | $69.3M | $1.9M | $2.7M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
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 | $171,387 | $32,832 | — | — | — |
| 2023 | $189,154 | — | — | — | — |
| 2022 | $224,157 | $148,420 | $65,737 | — | $10,000 |