Plan Snapshot
- Plan Sponsor: Wagner Spray Tech Corporation
- Sponsor EIN: 411747949
- Sponsor Address: 1770 FERNBROOK LANE N, PLYMOUTH, MN, 55447
- Plan Type: 401(k)
- Total Participants: 411
- Total Assets: $98.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 411 | $98.7M | $1.5M | $3.9M |
| 2023 | 432 | $88.1M | $1.5M | $3.7M |
| 2022 | 423 | $77.0M | $1.5M | $3.5M |
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 |
|---|---|---|---|---|
| BOYUM & BARENSCHEER PLLP | Auditor | $11,750 | — | $11,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOYUM & BARENSCHEER PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,750
- Estimated Expense Ratio: 0.012% 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 | $140,994 | — | — | $11,750 | — |
| 2023 | $135,119 | — | — | $15,288 | — |
| 2022 | $120,400 | — | — | — | $33,017 |