Plan Snapshot
- Plan Sponsor: Mrs. Gerry'S Kitchen, LLC
- Sponsor EIN: 411309235
- Sponsor Address: P.O. BOX 1127, ALBERT LEA, MN, 56007
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $26.2M
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 | 217 | $26.2M | $594,212 | $932,543 |
| 2023 | 191 | $23.8M | $355,253 | $763,623 |
| 2022 | 178 | $20.3M | $322,234 | $716,450 |
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 |
|---|---|---|---|---|
| INTELLICENTS INC. | Investment Advisor | $22,102 | — | $22,102 |
| ALERUS FINANCIAL, N.A. | Investment Advisor | $16,785 | — | $16,785 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INTELLICENTS INC. — Investment Advisor
- ALERUS FINANCIAL, N.A. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,887
- Estimated Expense Ratio: 0.148% 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 | $38,887 | $22,102 | — | — | — |
| 2023 | $9,169 | — | — | — | — |
| 2022 | $12,833 | — | — | — | — |