Plan Snapshot
- Plan Sponsor: Trustees Of Minneapolis Operative Plasterers' Retirement Plan
- Sponsor EIN: 416132957
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 554251617
- Plan Type: DC
- Plan Number: 001
- Total Participants: 168
- Total Assets: $69.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 168 | $69.1M | $2.2M | $0 |
| 2023 | 247 | $68.4M | $2.2M | $0 |
| 2022 | 255 | $61.5M | $2.3M | $0 |
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 |
|---|---|---|---|---|
| MILLIMAN, INC | Recordkeeper | $34,334 | — | $34,334 |
| MATRIX TRUST COMPANY | Recordkeeper | $33,783 | — | $33,783 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $28,500 | — | $28,500 |
| SHUMAKER, LOOP AND KENDRICK | Other Service Provider | $26,584 | — | $26,584 |
| LEGACY PROFESSIONALS, LLP | Auditor | $16,000 | — | $16,000 |
| WILSON-MCSHANE CORPORATION | Other Service Provider | $14,400 | — | $14,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC — Recordkeeper
- MATRIX TRUST COMPANY — Recordkeeper
- RBC WEALTH MANAGEMENT — Recordkeeper
- LEGACY PROFESSIONALS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,601
- Estimated Expense Ratio: 0.222% 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 | $191,378 | $28,500 | $14,400 | $16,000 | — |
| 2023 | $191,574 | $32,750 | $14,400 | $15,250 | — |
| 2022 | $164,495 | $62,673 | $38,610 | — | $32,203 |