Plan Snapshot
- Plan Sponsor: Room & Board, INC.
- Sponsor EIN: 411384146
- Sponsor Address: 4600 OLSON MEMORIAL HWY, MINNEAPOLIS, MN, 554224822
- Plan Type: 401(k)
- Total Participants: 1,051
- Total Assets: $157.2M
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 | 1,051 | $157.2M | $2.5M | $8.0M |
| 2023 | 1,093 | $139.9M | $2.8M | $9.2M |
| 2022 | 1,126 | $116.6M | $2.5M | $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 |
|---|---|---|---|---|
| GRANT THORNTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON, 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 | $171,581 | — | $170,931 | — | — |
| 2023 | $233,651 | — | $233,651 | — | — |
| 2022 | $214,341 | — | $214,341 | — | — |