Plan Snapshot
- Plan Sponsor: Sportech, LLC
- Sponsor EIN: 411867686
- Sponsor Address: 10800 175TH AVE NW, ELK RIVER, MN, 55330
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $22.4M
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 | 372 | $22.4M | $1.2M | $2.3M |
| 2023 | 429 | $17.6M | $1.1M | $2.0M |
| 2022 | 420 | $12.8M | $961,910 | $1.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $74,467 | — | $74,467 |
| CHRISTENSEN GROUP FINANCIAL LLC | ADVISOR | $38,836 | — | $38,836 |
| REDPATH AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CHRISTENSEN GROUP FINANCIAL LLC — ADVISOR
- REDPATH AND COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,303
- Estimated Expense Ratio: 0.506% 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 | $113,303 | $38,836 | — | — | — |
| 2023 | $111,962 | $53,565 | $300 | — | — |
| 2022 | $91,735 | — | — | — | — |