Plan Snapshot
- Plan Sponsor: Minnesota Police & Peace Officers Association
- Sponsor EIN: 410714987
- Sponsor Address: 525 PARK ST. #250, ST. PAUL, MN, 55103
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 10,984
- Total Assets: $1.9M
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 | 10,984 | $1.9M | $0 | $1.5M |
| 2023 | 10,494 | $1.8M | $0 | $1.4M |
| 2022 | 10,184 | $1.2M | $0 | $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 |
|---|---|---|---|---|
| MADEL PA | Other Service Provider | $569,538 | — | $569,538 |
| MINNESOTA POLICE AND PEACE OFFICER | Other Service Provider | $261,123 | — | $261,123 |
| BRUNO LAW, PLLC | Other Service Provider | $130,041 | — | $130,041 |
| KELLY & LEMMONS PA | Other Service Provider | $110,556 | — | $110,556 |
| ECOKBERG LAMMERS PC | Other Service Provider | $80,833 | — | $80,833 |
| LAW ENFORCEMENT LABOR SERVICES | Other Service Provider | $79,406 | — | $79,406 |
| WOLD MORRISON LAW | Other Service Provider | $62,480 | — | $62,480 |
| CHESTNUT CAMBRONNE PA | Other Service Provider | $53,559 | — | $53,559 |
| SHUMAN SECURITY CONSULTING LLC | Other Service Provider | $49,950 | — | $49,950 |
| DEBORAH ELLIS | Other Service Provider | $35,448 | — | $35,448 |
| 360 SECURITY SYSTEMS | Other Service Provider | $35,386 | — | $35,386 |
| DEVORE LEGAL DEFENSE | Other Service Provider | $33,975 | — | $33,975 |
| THOMAS C. PLUNKETT | Other Service Provider | $25,642 | — | $25,642 |
| ROBERT M PAULE PA | Other Service Provider | $23,012 | — | $23,012 |
| OLSEN THIELEN & CO., LTD | Auditor | $18,900 | — | $18,900 |
| ROGOSHESKE ROGOSHESKE & ATKINS PLLC | Other Service Provider | $16,179 | — | $16,179 |
| SECURIAN TRUST COMPANY NA | Custodian / Trustee | $12,601 | — | $12,601 |
| JOHNSON ERICKSON LAW PLLC | Other Service Provider | $8,462 | — | $8,462 |
| SALTZMAN & JOHNSON LAW CORPORATION | Other Service Provider | $8,400 | — | $8,400 |
| KEVIN J. SHORT | Other Service Provider | $7,363 | — | $7,363 |
| FRED BRUNO LAW PLLC | Other Service Provider | $5,255 | — | $5,255 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OLSEN THIELEN & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,628,109
- Estimated Expense Ratio: 86.084% 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 | $320,450 | — | $98,682 | $18,900 | — |
| 2023 | $237,361 | — | $129,563 | $14,900 | — |
| 2022 | $100,003 | $7,976 | $63,527 | — | $21,260 |