Plan Snapshot
- Plan Sponsor: Packer Fastener & Supply Company
- Sponsor EIN: 391929539
- Sponsor Address: 728 LOMBARDI AVE, GREEN BAY, WI, 54304
- Plan Type: 401(k)
- Total Participants: 194
- Total Assets: $9.1M
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 | 194 | $9.1M | $551,735 | $870,587 |
| 2023 | 173 | $6.9M | $443,749 | $734,108 |
| 2022 | 141 | $4.7M | $339,076 | $572,904 |
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 |
|---|---|---|---|---|
| NICOLET NATIONAL BANK | Other Service Provider | $39,931 | — | $39,931 |
| ALERUS FINANCIAL, N.A. | Investment Advisor | $5,646 | — | $5,646 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,577
- Estimated Expense Ratio: 0.503% 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 | $45,577 | $39,931 | — | — | — |
| 2023 | $31,088 | — | — | — | — |
| 2022 | $25,174 | $25,174 | — | — | — |