# The Family Partnership 401(k) Plan
Source: https://planprovider.pro/companies/the-family-partnership-401k-plan

> The Family Partnership's 401(k) plan: 113 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Family Partnership

- **Sponsor EIN:** 410693858

- **Sponsor Address:** 1527 E. LAKE STREET, MINNEAPOLIS, MN, 55407

- **Plan Type:** 401(k)

- **Total Participants:** 113

- **Total Assets:** $4.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|113|$4.5M|$25,780|$173,853|

| 2023|116|$4.1M|$64,681|$159,093|

| 2022|93|$3.5M|$61,661|$188,249|

## 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|

| OLSEN THIELEN & CO LTD|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [OLSEN THIELEN & CO LTD](https://planprovider.pro/provider/olsen-thielen-and-co-ltd) — 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|$35,785|—|—|—|—|

| 2023|$31,191|—|—|—|—|

| 2022|$16,851|—|—|—|—|

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