Plan Snapshot
- Plan Sponsor: Woodland Centers
- Sponsor EIN: 410810019
- Sponsor Address: 1125 SE 6TH STREET, WILLMAR, MN, 56201
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $15.4M
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 | 229 | $15.4M | $762,131 | $813,816 |
| 2023 | 213 | $13.8M | $673,658 | $740,107 |
| 2022 | 196 | $11.3M | $564,508 | $697,096 |
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 |
|---|---|---|---|---|
| BERGANKDV, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERGANKDV, LTD. — 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 | $64,375 | $38,582 | — | — | — |
| 2023 | $54,014 | $32,968 | — | — | — |
| 2022 | $61,436 | $36,393 | $25,043 | — | — |