Plan Snapshot
- Plan Sponsor: Trustees Of Northern Mn-Wi Retail Food Health And Welfare Fund
- Sponsor EIN: 416175286
- Sponsor Address: 2002 LONDON ROAD, ROOM 300, DULUTH, MN, 55812
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,182
- Total Assets: $8.3M
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 | 1,182 | $8.3M | $14.5M | $270,100 |
| 2023 | 1,183 | $9.7M | $14.4M | $347,862 |
| 2022 | 1,213 | $8.8M | $14.3M | $539,499 |
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 | $704,277 | — | $704,277 |
| BCBSMN, INC. | Other Service Provider | $344,684 | $15,778 | $360,462 |
| MEDIMPACT | Other Service Provider | $60,776 | — | $60,776 |
| REINHART BOERNER VAN DEUREN SC | Other Service Provider | $49,469 | — | $49,469 |
| BENEVELLE CONSULTING CORPORATION | Other Service Provider | $48,000 | — | $48,000 |
| DDMN ASO, LLC | Other Service Provider | $32,898 | — | $32,898 |
| T.E.A.M., LLC | Other Service Provider | $27,817 | — | $27,817 |
| LEGACY PROFESSIONALS LLP | Auditor | $21,538 | — | $21,538 |
| CURI RMB CAPITAL LLC | Other Service Provider | $15,789 | — | $15,789 |
| KUTAK ROCK LLP | Other Service Provider | $15,789 | — | $15,789 |
| ANDREW BRANSKY & POOLE PA | Other Service Provider | $7,635 | — | $7,635 |
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: $1,344,450
- Estimated Expense Ratio: 16.126% 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 | $891,204 | $15,789 | $694,800 | $21,538 | — |
| 2023 | $895,287 | $20,771 | $668,400 | $20,535 | — |
| 2022 | $817,962 | $20,880 | $643,200 | — | $119,504 |