Plan Snapshot
- Plan Sponsor: Northwest Family Physicians, P.A.
- Sponsor EIN: 410981766
- Sponsor Address: 5700 BOTTINEAU BLVD., SUITE 220, CRYSTAL, MN, 55429
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $17.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 87 | $17.9M | $282,101 | $562,164 |
| 2023 | 94 | $16.9M | $0 | $556,152 |
| 2022 | 93 | $15.9M | $270,236 | $535,177 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | RECORDKEEPER | $17,008 | — | $17,008 |
| LPL FINANCIAL RPCP | INVESTMENT ADVISOR | $11,793 | — | $11,793 |
| DWC ERISA CONSULTANTS LLC | CURRENT TPA | $10,705 | — | $10,705 |
| THE AMERICAN AUDITORS GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — RECORDKEEPER
- THE AMERICAN AUDITORS GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,506
- Estimated Expense Ratio: 0.221% 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 | $36,187 | — | $36,187 | — | — |
| 2023 | $35,796 | — | $35,796 | — | — |
| 2022 | $45,626 | — | $45,626 | — | — |