# Minneapolis College Of Art And Design 403(b) Plan
Source: https://planprovider.pro/companies/minneapolis-college-of-art-and-design-403b-plan

> Minneapolis College Of Art And Design's 403(b) plan: 253 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Minneapolis College Of Art And Design

- **Sponsor EIN:** 411607453

- **Sponsor Address:** 2501 STEVENS AVE, MINNEAPOLIS, MN, 55404

- **Plan Type:** 403(b)

- **Total Participants:** 253

- **Total Assets:** $29.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **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|253|$29.7M|$479,361|$611,655|

| 2023|258|$26.7M|$502,791|$605,666|

| 2022|249|$23.9M|$503,278|$319,919|

## 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|—|—|$0|

### Verified Provider Profiles

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

- [CLIFTONLARSONALLEN, LLP](https://planprovider.pro/provider/cliftonlarsonallen-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|$68,292|$53,223|$15,069|—|—|

| 2023|$44,923|$32,312|—|—|—|

| 2022|$25,248|—|—|—|—|

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