Plan Snapshot
- Plan Sponsor: Teamvantage Buyer, LLC
- Sponsor EIN: 853464786
- Sponsor Address: 20697 FENWAY AVE N, FOREST LAKE, MN, 55025
- Plan Type: 401(k)
- Total Participants: 525
- Total Assets: $31.0M
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 | 525 | $31.0M | $645,902 | $2.6M |
| 2023 | 537 | $27.8M | $670,625 | $2.5M |
| 2022 | 537 | $23.2M | $576,731 | $2.2M |
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 |
|---|---|---|---|---|
| RBC CAPITAL MARKETS LLC | INVESTMENT ADVISORY | $61,286 | $22 | $61,308 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $49,726 | — | $49,726 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,034
- Estimated Expense Ratio: 0.358% 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 | $111,024 | $61,297 | $49,727 | — | — |
| 2023 | $104,478 | $53,567 | $50,911 | — | — |
| 2022 | $77,227 | $36,724 | $40,503 | — | — |