Plan Snapshot
- Plan Sponsor: St. Cloud Industrial Products, INC.
- Sponsor EIN: 410944776
- Sponsor Address: 25112 22ND AVE, ST. CLOUD, MN, 56301
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $11.0M
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 | 224 | $11.0M | $175,890 | $1.1M |
| 2023 | 187 | $9.6M | $164,807 | $995,315 |
| 2022 | 167 | $7.6M | $147,041 | $831,357 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
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 | $54,006 | $31,197 | — | — | — |
| 2023 | $43,449 | $1,231 | — | — | — |
| 2022 | $45,535 | $25,834 | $19,701 | — | — |