Plan Snapshot
- Plan Sponsor: Twin Cities Bakery Drivers Pension Fund
- Sponsor EIN: 416172265
- Sponsor Address: 2919 EAGANDALE BLVD SUITE 120, EAGAN, MN, 55121
- Plan Type: DB
- Total Participants: 256
- Total Assets: $97.1M
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 | 256 | $97.1M | $3.7M | $0 |
| 2023 | 251 | $93.9M | $3.6M | $0 |
| 2022 | 225 | $63.4M | $3.6M | $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 |
|---|---|---|---|---|
| FORMULA CORPORATION | Other Service Provider | $139,320 | — | $139,320 |
| RBC CAPITAL MARKETS LLC | Other Service Provider | $122,581 | — | $122,581 |
| HORIZON ACRUARIAL SERVICES LLC | Other Service Provider | $104,819 | — | $104,819 |
| ANCHOR CAPITAL ADVISORS LLC | Other Service Provider | $83,681 | — | $83,681 |
| FIDUCIARY MANAGEMENT INC | Other Service Provider | $54,281 | — | $54,281 |
| IVY INVESTMENT MANAGEMENT CO | Other Service Provider | $46,182 | — | $46,182 |
| THOMAS M HUGHES, LTD | Other Service Provider | $29,680 | — | $29,680 |
| BETTS & HAYES, LTD | Other Service Provider | $27,056 | — | $27,056 |
| CONESTOGA CAPITAL ADVISORS | Other Service Provider | $25,016 | — | $25,016 |
| BOSTON TRUST WALDEN | Other Service Provider | $19,867 | — | $19,867 |
| GW&K INVESTMENT MANAGEMENT | Other Service Provider | $12,770 | — | $12,770 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $665,253
- Estimated Expense Ratio: 0.685% 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 | $902,694 | $365,281 | $139,320 | $27,056 | — |
| 2023 | $973,602 | $313,671 | $141,320 | — | — |
| 2022 | $891,373 | $327,992 | $139,320 | — | $166,633 |