Plan Snapshot
- Plan Sponsor: Vertin Company
- Sponsor EIN: 411404354
- Sponsor Address: 501 NEBRASKA AVENUE, BRECKENRIDGE, ND, 565201515
- Plan Type: 401(k)
- Total Participants: 678
- Total Assets: $24.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 678 | $24.1M | $451,593 | $1.3M |
| 2023 | 635 | $20.3M | $450,767 | $1.1M |
| 2022 | 328 | $17.6M | $406,876 | $1.0M |
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 |
|---|---|---|---|---|
| MICHAEL L ANDERSON & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MICHAEL L ANDERSON & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $83,628 | $42,012 | — | — | — |
| 2023 | $64,807 | $35,366 | — | — | — |
| 2022 | $62,575 | — | $62,575 | — | — |