Plan Snapshot
- Plan Sponsor: Sick, INC.
- Sponsor EIN: 410970193
- Sponsor Address: 6900 WEST 110TH STREET, MINNEAPOLIS, MN, 55438
- Plan Type: 401(k)
- Total Participants: 852
- Total Assets: $228.4M
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. |
|---|---|---|---|---|
| 2024 | 852 | $228.4M | $9.2M | $10.5M |
| 2023 | 885 | $195.3M | $10.5M | $10.1M |
| 2022 | 873 | $156.1M | $8.5M | $9.4M |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | ADVISOR | $79,000 | — | $79,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $62,260 | — | $62,260 |
| WIPFLI | ACCOUNTANT/AUDITOR | $21,410 | — | $21,410 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WIPFLI — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,670
- Estimated Expense Ratio: 0.071% 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 | $162,670 | $79,000 | $300 | $21,410 | — |
| 2023 | $141,868 | $79,000 | — | $10,690 | — |
| 2022 | $154,944 | — | — | — | — |