Plan Snapshot
- Plan Sponsor: Nystrom, Incorportated
- Sponsor EIN: 410795047
- Sponsor Address: 9300 73RD AVENUE NORTH, BROOKLYN PARK, MN, 55428
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $23.5M
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 | 230 | $23.5M | $657,887 | $1.4M |
| 2023 | 210 | $20.5M | $531,500 | $1.3M |
| 2022 | 199 | $17.1M | $474,221 | $1.2M |
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 |
|---|---|---|---|---|
| REDPATH AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDPATH AND COMPANY, LLC — Auditor
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 | $54,121 | $15,633 | — | — | — |
| 2023 | $49,455 | $15,548 | $28,357 | — | — |
| 2022 | $46,610 | $17,187 | — | — | — |