Plan Snapshot
- Plan Sponsor: Piper Sandler Companies
- Sponsor EIN: 300168701
- Sponsor Address: 800 NICOLLET MALL, MINNEAPOLIS, MN, 55402
- Plan Type: 401(k)
- Total Participants: 1,719
- Total Assets: $692.1M
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 | 1,719 | $692.1M | $13.4M | $36.3M |
| 2023 | 1,655 | $584.0M | $13.0M | $35.8M |
| 2022 | 1,713 | $482.9M | $12.1M | $32.6M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG, LLP — 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 | $151,394 | — | — | — | — |
| 2023 | $154,107 | — | — | — | — |
| 2022 | $148,884 | — | — | — | — |