Plan Snapshot
- Plan Sponsor: Speedy Novus Glass LLC
- Sponsor EIN: 300986308
- Sponsor Address: 650 PELHAM BLVD., SUITE 100, ST. PAUL, MN, 55114
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $7.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 192 | $7.0M | $210,522 | $584,727 |
| 2023 | 216 | $7.6M | $224,453 | $631,554 |
| 2022 | 181 | $6.1M | $201,370 | $585,087 |
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 |
|---|---|---|---|---|
| CLARK, RAYMOND & COMPANY, PLLC | Auditor | $34,250 | — | $34,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,250
- Estimated Expense Ratio: 0.487% 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 | $81,582 | $14,934 | $32,398 | $34,250 | — |
| 2023 | $39,706 | $12,924 | $26,782 | — | — |
| 2022 | $50,104 | — | $50,104 | — | — |