Plan Snapshot
- Plan Sponsor: Nath Companies
- Sponsor EIN: 411859549
- Sponsor Address: 900 AMERICAN BLVD EAST, BLOOMINGTON, MN, 55420
- Plan Type: 401(k)
- Total Participants: 211
- Total Assets: $7.2M
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. |
|---|---|---|---|---|
| 2024 | 211 | $7.2M | $314,292 | $579,768 |
| 2023 | 427 | $6.4M | $317,333 | $560,798 |
| 2022 | 409 | $4.9M | $185,542 | $460,844 |
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 |
|---|---|---|---|---|
| MILLER WELLE HEISER | Auditor | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER WELLE HEISER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.125% 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 | $58,588 | $22,000 | — | $9,000 | — |
| 2023 | $33,839 | $22,000 | — | — | — |
| 2022 | $16,991 | — | — | — | — |