Plan Snapshot
- Plan Sponsor: Thomas Allen, INC.
- Sponsor EIN: 411465839
- Sponsor Address: 1550 HUMBOLDT AVE., WEST ST. PAUL, MN, 55118
- Plan Type: 401(k)
- Total Participants: 504
- Total Assets: $9.5M
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 | 504 | $9.5M | $375 | $708,935 |
| 2023 | 547 | $11.0M | $0 | $745,176 |
| 2022 | 564 | $9.3M | $92 | $641,542 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $37,895 | — | $37,895 |
| LETHERT SKWIRA SCHULTZ & CO LLP | Other Service Provider | $25,320 | — | $25,320 |
| LPL FINANCIAL, LLC | Investment Advisor | $24,419 | — | $24,419 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,634
- Estimated Expense Ratio: 0.919% 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 | $88,634 | $24,419 | — | — | — |
| 2023 | $36,642 | $30,188 | — | — | — |
| 2022 | $62,120 | — | $62,120 | — | — |