Plan Snapshot
- Plan Sponsor: Running Supply, INC.
- Sponsor EIN: 411000882
- Sponsor Address: 901 N HWY 59, MARSHALL, MN, 56258
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 2,131
- Total Assets: $37.1M
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. |
|---|---|---|---|---|
| 2025 | 2,131 | $37.1M | $0 | $0 |
| 2024 | 1,951 | $31.6M | $870,894 | $1.6M |
| 2023 | 1,727 | $28.1M | $860,917 | $1.5M |
| 2022 | 1,371 | $24.1M | $902,858 | $1.5M |
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 |
|---|---|---|---|---|
| MILLIMAN, INC. | Other Service Provider | $106,756 | $7,092 | $113,848 |
| ALL STAR FINANCIAL | Other Service Provider | $25,000 | — | $25,000 |
| CHARLES SCHWAB TRUST BANK | Other Service Provider | $13 | $13,092 | $13,105 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $151,953
- Estimated Expense Ratio: 0.410% 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 |
|---|---|---|---|---|---|
| 2025 | $2,877,281 | $25,000 | — | — | — |
| 2024 | $97,377 | — | $97,377 | — | — |
| 2023 | $108,523 | $22,500 | $86,023 | — | — |
| 2022 | $99,526 | — | — | — | $99,526 |