Plan Snapshot
- Plan Sponsor: Stuartco
- Sponsor EIN: 411766226
- Sponsor Address: 1000 W 80TH ST, BLOOMINGTON, MN, 554201009
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $11.2M
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 | 200 | $11.2M | $241,185 | $813,440 |
| 2023 | 210 | $9.8M | $260,236 | $844,896 |
| 2022 | 313 | $8.1M | $258,443 | $769,355 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $60,090 | — | $60,090 |
| BEMANAGED | CONTRACT ADMINISTRATOR | $6,729 | — | $6,729 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,819
- Estimated Expense Ratio: 0.595% 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 | $66,819 | — | $66,819 | — | — |
| 2023 | $75,538 | $3,250 | $72,288 | — | — |
| 2022 | $69,445 | $4,865 | $64,580 | — | — |