Plan Snapshot
- Plan Sponsor: Upper Lakes Foods, INC.
- Sponsor EIN: 410915145
- Sponsor Address: 801 INDUSTRY AVE, CLOQUET, MN, 55720
- Plan Type: 401(k)
- Total Participants: 423
- Total Assets: $29.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 423 | $29.9M | $657,983 | $2.1M |
| 2023 | 407 | $25.6M | $633,582 | $1.8M |
| 2022 | 365 | $22.1M | $461,541 | $1.5M |
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 |
|---|---|---|---|---|
| MHS ADVISORY SERVICES, LLC | NONE | $55,934 | — | $55,934 |
| STANCORP FINANCIAL GROUP | NONE | $42,175 | — | $42,175 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,109
- Estimated Expense Ratio: 0.329% 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 | $65,339 | $55,934 | $9,405 | — | — |
| 2023 | $57,382 | $47,129 | $10,253 | — | — |
| 2022 | $55,850 | $44,462 | $11,388 | — | — |