Plan Snapshot
- Plan Sponsor: Patterson Companies, INC.
- Sponsor EIN: 410886515
- Sponsor Address: 1031 MENDOTA HEIGHTS RD, SAINT PAUL, MN, 551201419
- Plan Type: 401(k)
- Total Participants: 5,994
- Total Assets: $999.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 5,994 | $999.1M | $20.5M | $48.7M |
| 2023 | 6,331 | $928.4M | $19.9M | $47.2M |
| 2022 | 6,132 | $579.3M | $19.7M | $45.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $255,394 | — | $255,394 |
| ERNST AND YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ERNST AND YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $255,394
- Estimated Expense Ratio: 0.026% 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 | $254,025 | — | $4,200 | — | — |
| 2023 | $558,632 | — | $558,632 | — | — |
| 2022 | $558,212 | — | $558,212 | — | — |