Plan Snapshot
- Plan Sponsor: Wright-Hennepin Cooperative Electric Association
- Sponsor EIN: 410621437
- Sponsor Address: 6800 ELECTRIC DRIVE, ROCKFORD, MN, 553739386
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $23.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 108 | $23.0M | $1.0M | $871,519 |
| 2023 | 110 | $19.9M | $993,226 | $823,275 |
| 2022 | 107 | $19.3M | $1.0M | $839,321 |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — 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 | $59,065 | $19,747 | $39,318 | — | — |
| 2023 | $45,253 | $21,997 | $23,256 | — | — |
| 2022 | $52,241 | — | $37,991 | — | $14,250 |