# Pro Systems Corporation 401(k) Plan
Source: https://planprovider.pro/companies/pro-systems-corporation-401k-plan

> Pro Systems Corporation's 401(k) plan: 1,965 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Pro Systems Corporation

- **Sponsor EIN:** 411592823

- **Sponsor Address:** 1271 HIGHWAY 10, DETROIT LAKES, MN, 56501

- **Plan Type:** 401(k)

- **Total Participants:** 1,965

- **Total Assets:** $50.4M

## 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.|

| 2024|1,965|$50.4M|$3.0M|$5.5M|

| 2023|1,606|$31.1M|$2.2M|$4.1M|

| 2022|1,388|$19.6M|$1.3M|$2.8M|

## 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|

| JASON F. CLAUSEN, P.C.|Auditor|—|—|$0|

## 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|$363,920|$72,101|$291,819|—|—|

| 2023|$224,013|$33,572|$190,441|—|—|

| 2022|$150,364|$20,775|$129,589|—|—|

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