Plan Snapshot
- Plan Sponsor: North Country Business Products, INC.
- Sponsor EIN: 410944999
- Sponsor Address: P.O. BOX 910, BEMIDJI, MN, 56601
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $13.9M
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 | 133 | $13.9M | $124,486 | $792,884 |
| 2023 | 142 | $12.2M | $131,147 | $795,579 |
| 2022 | 153 | $9.8M | $122,803 | $738,171 |
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 MCDONALD, INC. | 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 | $3,448 | — | $3,448 | — | — |
| 2023 | $2,654 | — | $2,654 | — | — |
| 2022 | $2,524 | — | $2,524 | — | — |