Plan Snapshot
- Plan Sponsor: Second Harvest Heartland
- Sponsor EIN: 237417654
- Sponsor Address: 7101 WINNETKA AVE N, BROOKLYN PARK, MN, 554281619
- Plan Type: 401(k)
- Total Participants: 292
- Total Assets: $17.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 292 | $17.9M | $1.1M | $1.3M |
| 2023 | 272 | $13.9M | $956,216 | $1.1M |
| 2022 | 230 | $10.9M | $714,443 | $970,482 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA INVESTMENT CORP | Recordkeeper | $5,757 | — | $5,757 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,757
- Estimated Expense Ratio: 0.032% 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 | $4,440 | — | — | — | — |
| 2023 | $2,108 | — | — | — | — |
| 2022 | $1,651 | — | — | — | — |