Plan Snapshot
- Plan Sponsor: W. W. Wallwork, INC.
- Sponsor EIN: 450394131
- Sponsor Address: PO BOX 1819, FARGO, ND, 581071819
- Plan Type: 401(k)
- Total Participants: 542
- Total Assets: $51.1M
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 | 542 | $51.1M | $1.0M | $3.3M |
| 2023 | 486 | $48.1M | $984,942 | $3.2M |
| 2022 | 470 | $41.7M | $970,156 | $2.9M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $83,334 | — | $83,334 |
| ALERUS INVESTMENT ADVISORS, INC. | NONE | $19,291 | — | $19,291 |
| BRADY MARTZ & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- BRADY MARTZ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,625
- Estimated Expense Ratio: 0.201% 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 | $102,625 | $19,291 | — | — | — |
| 2023 | $90,402 | $17,487 | — | — | — |
| 2022 | $92,561 | — | — | — | — |