Plan Snapshot
- Plan Sponsor: New Horizon Kids Quest, INC.
- Sponsor EIN: 411719363
- Sponsor Address: 3405 ANNAPOLIS LN N STE 100, PLYMOUTH, MN, 554475343
- Plan Type: 401(k)
- Total Participants: 2,454
- Total Assets: $19.2M
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 | 2,454 | $19.2M | $418,391 | $2.3M |
| 2023 | 2,295 | $15.2M | $326,696 | $1.8M |
| 2022 | 2,235 | $12.4M | $514,075 | $1.7M |
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 |
|---|---|---|---|---|
| FROEHLING ANDERSON, LTD | 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 | $115,668 | $6,326 | $109,342 | — | — |
| 2023 | $80,039 | — | — | — | — |
| 2022 | $91,832 | — | — | — | $91,832 |