Plan Snapshot
- Plan Sponsor: Silvercrest Properties, LLC
- Sponsor EIN: 411911238
- Sponsor Address: 5402 PARKDALE DRIVE SUITE 301, ST. LOUIS PARK, MN, 55416
- Plan Type: 401(k)
- Total Participants: 543
- Total Assets: $5.7M
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 | 543 | $5.7M | $123,891 | $628,818 |
| 2023 | 382 | $4.9M | $105,601 | $494,604 |
| 2022 | 401 | $4.5M | $100,998 | $410,008 |
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 |
|---|---|---|---|---|
| MAHONEY ULBRICH CHRISTIANSEN & RUSS | Auditor | — | — | $0 |
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 | $25,538 | $21,113 | $4,425 | — | — |
| 2023 | $24,441 | $18,482 | $5,959 | — | — |
| 2022 | $26,984 | — | — | — | $26,984 |