Plan Snapshot
- Plan Sponsor: Netgain Technology, LLC.
- Sponsor EIN: 411957109
- Sponsor Address: 12301 WHITEWATER DR, MINNETONKA, MN, 553434104
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 85
- Total Assets: $7.8M
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 | 85 | $7.8M | $320,400 | $632,341 |
| 2023 | 86 | $8.4M | $294,996 | $637,464 |
| 2022 | 91 | $7.3M | $298,467 | $627,605 |
| 2020 | 90 | $8.0M | $313,136 | $641,405 |
| 2019 | 112 | $4.6M | $304,950 | $587,156 |
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 |
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 | $3,089 | — | $3,089 | — | — |
| 2023 | $3,679 | — | $3,679 | — | — |
| 2022 | $3,031 | — | $3,031 | — | — |
| 2020 | $8,191 | — | $8,191 | — | — |
| 2019 | $3,200 | — | $3,200 | — | — |