Plan Snapshot
- Plan Sponsor: Nystrom & Associates, Ltd.
- Sponsor EIN: 411700376
- Sponsor Address: 1900 SILVER LAKE ROAD SUITE 110, NEW BRIGHTON, MN, 55112
- Plan Type: 401(k)
- Total Participants: 1,832
- Total Assets: $47.9M
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 | 1,832 | $47.9M | $776,658 | $6.5M |
| 2023 | 1,699 | $39.0M | $654,276 | $5.7M |
| 2022 | 1,474 | $30.3M | $621,089 | $5.3M |
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 |
|---|---|---|---|---|
| ELLINGSON & ELLINGSON 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 | $230,723 | $16,056 | — | — | — |
| 2023 | $195,526 | $195,526 | — | — | — |
| 2022 | $156,945 | — | — | — | $156,945 |