Plan Snapshot
- Plan Sponsor: Bi Worldwide
- Sponsor EIN: 410688799
- Sponsor Address: 7630 BUSH LAKE ROAD, EDINA, MN, 55439
- Plan Type: 401(k)
- Total Participants: 1,076
- Total Assets: $299.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,076 | $299.7M | $12.5M | $12.0M |
| 2023 | 1,097 | $262.7M | $13.1M | $11.0M |
| 2022 | 1,045 | $214.0M | $2.6M | $10.1M |
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 |
|---|---|---|---|---|
| BOULAY PLLP | Auditor | $24,500 | — | $24,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOULAY PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,500
- Estimated Expense Ratio: 0.008% 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 | $165,595 | $7,513 | — | $24,500 | — |
| 2023 | $236,663 | $64,851 | $121,879 | $23,990 | — |
| 2022 | $219,235 | $29,663 | $108,879 | — | $51,249 |