Plan Snapshot
- Plan Sponsor: Spring Prairie Hb, INC.
- Sponsor EIN: 411328385
- Sponsor Address: 6189 170TH STREET NOTH, HAWLEY, MN, 56549
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $5.2M
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 | 165 | $5.2M | $615,130 | $872,843 |
| 2023 | 224 | $4.4M | $711,079 | $990,738 |
| 2022 | 238 | $2.3M | $519,708 | $731,611 |
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 |
|---|---|---|---|---|
| BRADY MARTZ & ASSOCIATES | 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 | $30,269 | $22,531 | — | — | — |
| 2023 | $22,795 | $15,097 | — | — | — |
| 2022 | $12,678 | — | — | — | — |