Plan Snapshot
- Plan Sponsor: Minnesota Masonic Charities
- Sponsor EIN: 411495325
- Sponsor Address: 11501 MASONIC HOME DRIVE, BLOOMINGTON, MN, 55437
- Plan Type: 401(k)
- Total Participants: 445
- Total Assets: $33.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 445 | $33.0M | $409,140 | $1.7M |
| 2023 | 432 | $30.5M | $389,026 | $1.6M |
| 2022 | 439 | $25.6M | $436,087 | $1.5M |
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 | $124,983 | $49,341 | $75,642 | — | — |
| 2023 | $111,379 | $46,995 | $64,384 | — | — |
| 2022 | $130,705 | $63,159 | $67,546 | — | — |