Plan Snapshot
- Plan Sponsor: Trustees Of Northern Mn-Wi Area Retail Clerks Pension Fund
- Sponsor EIN: 416055635
- Sponsor Address: 2002 LONDON ROAD, ROOM 300, DULUTH, MN, 558122144
- Plan Type: DB
- Total Participants: 1,510
- Total Assets: $135.6M
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 | 1,510 | $135.6M | $3.0M | $0 |
| 2023 | 1,668 | $130.5M | $3.1M | $0 |
| 2022 | 1,662 | $120.6M | $3.1M | $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 |
|---|---|---|---|---|
| WILSON-MCSHANE CORPORATION | Other Service Provider | $251,836 | — | $251,836 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $92,415 | — | $92,415 |
| SEGALL BRYANT & HAMILL, LLC | Other Service Provider | $89,225 | — | $89,225 |
| BOSTON PARTNERS GLOBAL INVESTORS | Other Service Provider | $79,934 | — | $79,934 |
| SEGAL CONSULTING | Other Service Provider | $67,663 | — | $67,663 |
| REINHART BOERNER VAN DEUREN | Other Service Provider | $52,380 | — | $52,380 |
| FIDUCIENT ADVISORS | Other Service Provider | $45,400 | — | $45,400 |
| MIDWEST INSTITUTIONAL TRUST COMPANY | Other Service Provider | $34,852 | — | $34,852 |
| LEGACY PROFESSIONALS LLP | Auditor | $23,576 | — | $23,576 |
| LOOMIS SAYLES & COMPANY, LP | Other Service Provider | $12,305 | — | $12,305 |
| WELLS FARGO | Other Service Provider | $10,632 | — | $10,632 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $760,218
- Estimated Expense Ratio: 0.561% 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 | $1,043,157 | $319,279 | $243,600 | $23,576 | — |
| 2023 | $1,020,267 | $290,605 | $235,200 | $22,570 | — |
| 2022 | $979,756 | $346,338 | $226,800 | — | $154,939 |