Plan Snapshot
- Plan Sponsor: Minot Vocational Adjustment Workshop D/B/A Kalix
- Sponsor EIN: 450313122
- Sponsor Address: 605 27TH STREET SE, MINOT, ND, 58702
- Plan Type: DC
- Total Participants: 286
- Total Assets: $25.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 286 | $25.2M | $0 | $0 |
| 2024 | 274 | $22.2M | $0 | $0 |
| 2023 | 278 | $19.8M | $0 | $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 |
|---|---|---|---|---|
| BRADY MARTZ, PLLC | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $101,439 | $89,592 | — | — | — |
| 2024 | $91,521 | $60,404 | — | — | — |
| 2023 | $101,867 | $101,867 | — | — | — |