Plan Snapshot
- Plan Sponsor: Trustees Of Minnesota & North Dakota Bricklayers & Allied Craftworkers
- Sponsor EIN: 416023461
- Sponsor Address: 2520 PILOT KNOB ROAD, SUITE 325, MENDOTA HEIGHTS, MN, 55120
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,253
- Total Assets: $118.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,253 | $118.1M | $22.0M | $1.9M |
| 2023 | 1,289 | $109.5M | $21.8M | $2.2M |
| 2022 | 1,396 | $97.3M | $21.8M | $2.1M |
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 |
|---|---|---|---|---|
| HEALTHPARTNERS | Other Service Provider | $1,012,903 | — | $1,012,903 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $660,198 | — | $660,198 |
| BAC SERVICE CORPORATION | Other Service Provider | $139,879 | — | $139,879 |
| ULLICO | Other Service Provider | $127,817 | — | $127,817 |
| SHUMAKER, LOOP AND KENDRICK | Other Service Provider | $93,026 | — | $93,026 |
| MILLIMAN INC | Recordkeeper | $83,412 | — | $83,412 |
| MAIRS AND POWER | Other Service Provider | $82,615 | — | $82,615 |
| CLIFTONLARSONALLEN, LLP | Auditor | $40,483 | — | $40,483 |
| DDMN ASO, LLC | Other Service Provider | $36,494 | — | $36,494 |
| MARQUETTE ASSOCIATES | Other Service Provider | $35,000 | — | $35,000 |
| TEAM | Other Service Provider | $29,671 | — | $29,671 |
| UNION BANK AND TRUST | ERISA Attorney | $26,568 | — | $26,568 |
| VISION SERVICE PLAN | Other Service Provider | $16,207 | — | $16,207 |
| ASB CAPITAL MANAGEMENT LLC | Other Service Provider | $9,341 | — | $9,341 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN INC — Recordkeeper
- CLIFTONLARSONALLEN, LLP — Auditor
- UNION BANK AND TRUST — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,393,614
- Estimated Expense Ratio: 2.026% 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 | $1,368,968 | $260,606 | $748,869 | $40,483 | — |
| 2023 | $1,458,293 | $283,495 | $868,985 | $38,745 | — |
| 2022 | $1,445,881 | $319,744 | $846,990 | — | $183,903 |