Plan Snapshot
- Plan Sponsor: The Aagard Group, LLC
- Sponsor EIN: 411860765
- Sponsor Address: 3711 IOWA STREET, ALEXANDRIA, MN, 56308
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $25.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 314 | $25.8M | $1.0M | $2.7M |
| 2023 | 295 | $19.5M | $896,059 | $2.3M |
| 2022 | 277 | $13.8M | $777,345 | $2.0M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | NONE | $67,140 | — | $67,140 |
| ASCENSUS LLC | NONE | $32,260 | $2,146 | $34,406 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,546
- Estimated Expense Ratio: 0.393% 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 | $99,400 | $67,140 | $32,260 | — | — |
| 2023 | $82,544 | $51,200 | $31,344 | — | — |
| 2022 | $76,688 | $46,839 | $29,849 | — | — |