Plan Snapshot
- Plan Sponsor: Olsen Thielen & Co., Ltd
- Sponsor EIN: 411360831
- Sponsor Address: 2675 LONG LAKE ROAD, ROSEVILLE, MN, 55113
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 100
- Total Assets: $47.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 100 | $47.2M | $1.3M | $1.4M |
| 2023 | 112 | $46.5M | $1.3M | $1.4M |
| 2022 | 111 | $38.0M | $1.1M | $1.3M |
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 |
|---|---|---|---|---|
| AVANTAX RETIREMENT PLAN SERVICES | Investment Advisor | $114,558 | — | $114,558 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AVANTAX RETIREMENT PLAN SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,558
- Estimated Expense Ratio: 0.243% 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 | $114,558 | $46,525 | — | — | — |
| 2023 | $93,939 | $26,727 | — | — | — |
| 2022 | $79,859 | — | — | — | — |