Plan Snapshot
- Plan Sponsor: Minnesota Epilepsy Group, PA
- Sponsor EIN: 411678253
- Sponsor Address: 2720 FAIRVIEW AVENUE NORTH, ROSEVILLE, MN, 55113
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 146 | $11.5M | $538,349 | $883,634 |
| 2023 | 135 | $10.6M | $513,115 | $717,004 |
| 2022 | 134 | $9.4M | $428,858 | $669,402 |
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 | $17,325 | — | $17,325 |
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: $17,325
- Estimated Expense Ratio: 0.150% 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 | $76,394 | $34,559 | $24,510 | $17,325 | — |
| 2023 | $68,844 | $14,558 | $38,536 | $15,750 | — |
| 2022 | $39,929 | $8,386 | $22,543 | — | $9,000 |