Plan Snapshot
- Plan Sponsor: Minneapolis Society Of Fine Arts
- Sponsor EIN: 410693915
- Sponsor Address: 2400 THIRD AVE SOUTH, MINNEAPOLIS, MN, 554043506
- Plan Type: 403(b)
- Total Participants: 199
- Total Assets: $54.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 199 | $54.0M | $678,040 | $1.3M |
| 2023 | 200 | $48.1M | $596,875 | $1.1M |
| 2022 | 189 | $41.6M | $651,249 | $942,965 |
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 — 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 | $402 | — | $402 | — | — |
| 2023 | $551 | — | $551 | — | — |
| 2022 | $175 | — | $175 | — | — |