Plan Snapshot
- Plan Sponsor: Priority Envelope, INC.
- Sponsor EIN: 411828245
- Sponsor Address: 2920 NORTHWEST BLVD, PLYMOUTH, MN, 55441
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $9.8M
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 | 159 | $9.8M | $148,872 | $624,433 |
| 2023 | 175 | $8.6M | $125,715 | $652,736 |
| 2022 | 224 | $9.0M | $141,131 | $749,327 |
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 | $29,675 | — | $29,675 |
| RETIRERIGHT LLC | ADVISOR | $19,284 | — | $19,284 |
| BARTON WALTER & KRIER | ACCOUNTANT/AUDITOR | $14,900 | — | $14,900 |
| SMITH & HOWARD, PC | Auditor | $14,900 | — | $14,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RETIRERIGHT LLC — ADVISOR
- BARTON WALTER & KRIER — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,759
- Estimated Expense Ratio: 0.802% 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 | $63,859 | $19,284 | — | $14,900 | — |
| 2023 | $57,495 | $18,532 | — | $12,895 | — |
| 2022 | $60,139 | — | — | — | — |