Plan Snapshot
- Plan Sponsor: The Rasmussen Group, INC.
- Sponsor EIN: 421022912
- Sponsor Address: PO BOX 3333, DES MOINES, IA, 50316
- Plan Type: 401(k)
- Total Participants: 912
- Total Assets: $46.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 912 | $46.5M | $1.1M | $3.5M |
| 2023 | 782 | $37.2M | $953,474 | $3.0M |
| 2022 | 776 | $32.7M | $937,467 | $3.0M |
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 |
|---|---|---|---|---|
| MARTENS & COMPANY, CPA, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARTENS & COMPANY, CPA, 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 | $148,635 | $41,877 | $106,758 | — | — |
| 2023 | $116,330 | $26,424 | $89,906 | — | — |
| 2022 | $133,143 | — | $133,143 | — | — |