# Schwans Shared Services, LLC 401(k) Plan
Source: https://planprovider.pro/companies/schwans-shared-services-llc-401k-plan

> Schwans Shared Services, LLC's 401(k) plan: 9,135 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Schwans Shared Services, LLC

- **Sponsor EIN:** 810572771

- **Sponsor Address:** 8500 NORMANDALE BLVD, STE 2000, BLOOMINGTON, MN, 55437

- **Plan Type:** 401(k)

- **Total Participants:** 9,135

- **Total Assets:** $632.3M

## 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|9,135|$632.3M|$13.9M|$28.6M|

| 2023|8,706|$570.9M|$12.9M|$25.4M|

| 2022|5,753|$489.5M|$7.5M|$19.9M|

## 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|

| CLIFTONLARSONALLEN LLP|Auditor|$39,691|—|$39,691|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $39,691

- **Estimated Expense Ratio:** 0.006% 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|$1,085,272|$446,833|—|$39,691|—|

| 2023|$1,384,518|$592,474|—|$36,259|—|

| 2022|$1,388,907|$886,168|—|—|$502,739|

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