Plan Snapshot
- Plan Sponsor: Miners, INC.
- Sponsor EIN: 410798497
- Sponsor Address: 5065 MILLER TRUNK HIGHWAY, HERMANTOWN, MN, 55811
- Plan Type: DB
- Total Participants: 686
- Total Assets: $26.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 686 | $26.0M | $1.0M | $0 |
| 2023 | 656 | $25.9M | $1.0M | $0 |
| 2022 | 576 | $23.0M | $1.0M | $0 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | BROKERAGE | $193,853 | $1,836 | $195,689 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $195,689
- Estimated Expense Ratio: 0.754% 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 | $193,853 | $193,853 | — | — | — |
| 2023 | $178,947 | $178,947 | — | — | — |
| 2022 | $190,380 | $190,380 | — | — | — |