Plan Snapshot
- Plan Sponsor: Network Therapy Services, LLC
- Sponsor EIN: 455588268
- Sponsor Address: 8120 PENN AVENUE SOUTH, SUITE 480, BLOOMINGTON, MN, 55431
- Plan Type: 401(k)
- Total Participants: 326
- Total Assets: $12.7M
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 | 326 | $12.7M | $371,205 | $897,019 |
| 2023 | 313 | $10.3M | $327,521 | $738,644 |
| 2022 | 277 | $8.3M | $306,843 | $684,753 |
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 | $4,129 | — | $4,129 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,129
- Estimated Expense Ratio: 0.033% 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 | $18,625 | $5,489 | — | $4,129 | — |
| 2023 | $9,572 | $5,105 | — | — | — |
| 2022 | $17,268 | $5,007 | — | — | — |