Plan Snapshot
- Plan Sponsor: Wizards Nuts INC.
- Sponsor EIN: 842374541
- Sponsor Address: 323 N WASHINGTON AVE N. STE 400, MINNEAPOLIS, MN, 55401
- Plan Type: 401(k)
- Total Participants: 1,091
- Total Assets: $26.7M
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 | 1,091 | $26.7M | $1.6M | $2.3M |
| 2023 | 1,040 | $25.6M | $1.5M | $2.4M |
| 2022 | 958 | $22.9M | $1.5M | $2.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $97,059 | — | $97,059 |
| CHRISTENSEN GROUP FINANCIAL LLC | INVESTMENT ADVISOR | $25,000 | — | $25,000 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $17,259 | — | $17,259 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,318
- Estimated Expense Ratio: 0.521% 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 | $139,318 | $42,259 | — | — | — |
| 2023 | $95,991 | $38,342 | — | — | — |
| 2022 | $116,637 | — | $116,637 | — | — |