Plan Snapshot
- Plan Sponsor: Minnesota Elevator, INC
- Sponsor EIN: 410972538
- Sponsor Address: 19336 607TH AVE, MANKATO, MN, 56001
- Plan Type: DC
- Total Participants: 146
- Total Assets: $74.0M
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 | 146 | $74.0M | $274,521 | $0 |
| 2023 | 153 | $51.7M | $519,880 | $0 |
| 2022 | 148 | $28.6M | $466,417 | $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 |
|---|---|---|---|---|
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, 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 | $86,916 | $86,916 | — | — | — |
| 2023 | $62,918 | $62,918 | — | — | — |
| 2022 | $54,050 | $54,020 | — | — | — |