Plan Snapshot
- Plan Sponsor: Proto Labs, INC.
- Sponsor EIN: 411939628
- Sponsor Address: 5540 PIONEER CREEK DR., MAPLE PLAIN, MN, 55359
- Plan Type: 401(k)
- Total Participants: 1,613
- Total Assets: $110.0M
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 | 1,613 | $110.0M | $4.4M | $8.8M |
| 2023 | 1,595 | $97.7M | $4.2M | $8.5M |
| 2022 | 1,650 | $78.1M | $3.9M | $8.1M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $86,226 | — | $86,226 |
| MORGAN STANLEY GLOBAL BANKING OPER | Investment Advisor | $83,237 | — | $83,237 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- MORGAN STANLEY GLOBAL BANKING OPER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,463
- Estimated Expense Ratio: 0.154% 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 | $169,463 | $83,237 | — | — | — |
| 2023 | $149,093 | $88,077 | — | — | — |
| 2022 | $145,706 | $92,877 | — | — | — |