Plan Snapshot
- Plan Sponsor: Productivity, INC.
- Sponsor EIN: 410945575
- Sponsor Address: 15150 25TH AVENUE NORTH, MINNEAPOLIS, MN, 55447
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $58.3M
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 | 372 | $58.3M | $859,293 | $3.4M |
| 2023 | 360 | $52.3M | $843,070 | $3.4M |
| 2022 | 357 | $45.4M | $637,858 | $3.0M |
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 |
|---|---|---|---|---|
| INTELLICENTS INVESTMENT SOLUTIONS I | INVESTMENT/FINANCIAL ADVI | $68,196 | — | $68,196 |
| ADP, INC. | RECORD KEEPER | $56,280 | — | $56,280 |
| BOULAY PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INTELLICENTS INVESTMENT SOLUTIONS I — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- BOULAY PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,476
- Estimated Expense Ratio: 0.213% 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 | $161,490 | $68,196 | — | — | — |
| 2023 | $157,568 | $104,408 | — | — | — |
| 2022 | $149,483 | — | — | — | — |