Plan Snapshot
- Plan Sponsor: Waterfront Brands
- Sponsor EIN: 842055726
- Sponsor Address: 1025 INTERNATIONAL DR, FERGUS FALLS, MN, 56537
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 314 | $10.8M | $486,982 | $936,090 |
| 2023 | 289 | $9.6M | $512,141 | $799,904 |
| 2022 | 265 | $7.8M | $423,137 | $779,592 |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY 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 | $37,513 | $23,367 | — | — | — |
| 2023 | $31,790 | $19,633 | — | — | — |
| 2022 | $28,915 | — | — | — | — |