Plan Snapshot
- Plan Sponsor: Razr Marketing, INC.
- Sponsor EIN: 203950879
- Sponsor Address: 10590 WAYZATA BOULEVARD, MINNETONKA, MN, 553055512
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $7.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 59 | $7.9M | $15,924 | $648,059 |
| 2023 | 69 | $7.1M | $231,949 | $726,531 |
| 2022 | 112 | $5.5M | $266,238 | $944,156 |
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 |
|---|---|---|---|---|
| CLIFTON LARSON ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN LLP — Auditor
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 | $1,980 | — | $1,980 | — | — |
| 2023 | $3,505 | — | $3,505 | — | — |
| 2022 | $4,097 | — | $4,097 | — | — |