Plan Snapshot
- Plan Sponsor: Polaris Industries INC.
- Sponsor EIN: 411857431
- Sponsor Address: 2100 HIGHWAY 55, MEDINA, MN, 55340
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 10,502
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 10,502 | $1.3B | $0 | $0 |
| 2024 | 8,003 | $1.1B | $36.1M | $53.0M |
| 2023 | 9,031 | $1.0B | $37.0M | $52.8M |
| 2022 | 8,906 | $851.1M | $36.2M | $52.1M |
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 | $505,256 | — | $505,256 |
| 401K MICHAEL BEST | ERISA Attorney | $244,266 | — | $244,266 |
| ERNST YOUNG LLP | Auditor | $66,000 | — | $66,000 |
| 401K COMPASS (MARSH/MCCLENNEN) | Other Service Provider | $15,000 | — | $15,000 |
| 401K LOFFLER | Auditor | $6,311 | — | $6,311 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $836,833
- Estimated Expense Ratio: 0.065% 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 |
|---|---|---|---|---|---|
| 2025 | $123,870,801 | — | $4,500 | — | — |
| 2024 | $617,319 | — | $2,700 | — | — |
| 2023 | $587,618 | — | $2,400 | — | — |
| 2022 | $587,871 | — | — | — | — |