Back to filter
Original filing (PDF)20251015134634NAL0009545618001
FAST GLOBAL SOLUTIONS, INC.
Form 5500
FILING_RECEIVED
FAST GLOBAL SOLUTIONS, INC. 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
390
Accounts w/ balance
373
Plan assets (EOY)
$18.1M
Net assets (EOY)
$17.2M
How this plan invests
This plan
27 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 40 bps in Schedule C fees — modestly above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FAST GLOBAL SOLUTIONS, INC..
Plan sponsor
Name
FAST GLOBAL SOLUTIONS, INC.
EIN
41-1362835
Address
20631 STATE HIGHWAY 55 · GLENWOOD, MN · 56334
Phone
(320) 634-7384
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILSHIRE ADVISORS LLC | 95-2755361 | — | INVESTMENT ADVISORY | $28K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | 45-6062081 | — | NONE | $44K | — |
Investments
27 direct securities· $17.1M(95% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MFS Lifetime 2025 R6 | — | — | — | $3.5M | 19.6% | |
| MFS Lifetime 2030 R6 | — | — | — | $2.1M | 11.5% | |
| MFS Lifetime 2045 R6 | — | — | — | $1.9M | 10.5% | |
| MFS Lifetime 2050 R6 | — | — | — | $1.7M | 9.2% | |
| MFS Lifetime 2040 R6 | — | — | — | $1.6M | 8.8% | |
| MFS Lifetime Income | — | — | — | $1.5M | 8.5% | |
| MFS Lifetime 2035 R6 | — | — | — | $1.5M | 8.4% | |
| MFS Lifetime 2055 R6 | — | — | — | $831K | 4.6% | |
| Principal Guaranteed Option | — | — | — | $470K | 2.6% | |
| JP Morgan Large Cap Growth R6 | — | — | — | $463K | 2.6% | |
| Fidelity 500 Index Fund | — | — | — | $427K | 2.4% | |
| MFS Lifetime 2060 R6 | — | — | — | $259K | 1.4% | |
| JP Morgan Equity Income R6 Fund | — | — | — | $218K | 1.2% | |
| Fidelity Mid Cap Index Instl | — | — | — | $165K | 0.9% | |
| Fidelity Small Cap Index | — | — | — | $146K | 0.8% | |
| Participant Loans Interest Rates range from 8.75 - 9.50% - | — | — | — | $67K | 0.4% | |
| Baird Core Plus Bond Inst | — | — | — | $61K | 0.3% | |
| Blackrock Emerging Markets K | — | — | — | $41K | 0.2% | |
| Oakmark International R6 649 Vanguard International Growth Admiral | — | — | — | $41K | 0.2% | |
| MFS Lifetime 2065 R6 | — | — | — | $31K | 0.2% | |
| American Funds American Balanced R6 Fund | — | — | — | $23K | 0.1% | |
| Hood River Small Cap Growth Retirement | — | — | — | $22K | 0.1% | |
| Undiscovered MNGR Behavoral Value Fund | — | — | — | $15K | <0.1% | |
| Fidelity Total International Index | — | — | — | $13K | <0.1% | |
| Carillon Unconstrained Bond R6 | — | — | — | $12K | <0.1% | |
| Alerus Interest Bearing Cash | — | — | — | $6K | <0.1% | |
| Hotchis & Wiley Value Opps Instl | — | — | — | $5K | <0.1% |
Related plans
Other plans using ALERUS FINANCIAL, N.A.
EIDE BAILLY LLP
EIDE BAILLY LLP 401(K) PROFIT SHARING PLAN
$615.3M · 3,154 participants
JANE STREET GROUP, LLC
JANE STREET GROUP, LLC 401(K) PLAN
$521.4M · 1,728 participants
AVI SYSTEMS, INC.
AVI SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
$399.5M · 1,191 participants
THE AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
ASPCA 401(K) RETIREMENT PLAN
$164.0M · 1,191 participants
NORAN NEUROLOGICAL CLINIC, P.A.
NORAN NEUROLOGICAL CLINIC, P. A. 401(K) PROFIT SHARING PLAN
$153.6M · 242 participants
PERFORMANCE CONTRACTORS, INC.
PERFORMANCE CONTRACTORS, INC. 401(K) SALARY SAVINGS PLAN
$131.6M · 4,376 participants
Similar-size Manufacturing plans
THE CLY-DEL MANUFACTURING COMPANY
THE CLY-DEL MANUFACTURING COMPANY 401(K) PLAN
$18.1M · 138 participants
R & D TOOL & ENGINEERING COMPANY
R & D TOOL & ENGINEERING COMPANY PROFIT SHARING PLAN AND TRUST
$18.1M · 121 participants
KNIGHT ERGONOMICS, LTD.
KNIGHT INDUSTRIES & ASSOCIATES, INC. 401(K) PLAN
$18.0M · 258 participants
DANIEL DEFENSE, LLC
DANIEL DEFENSE, LLC EMPLOYEES SAVINGS PLAN
$18.1M · 273 participants
THE PARTNER COMPANIES LLC
THE PARTNER COMPANIES MEP
$18.1M · 408 participants
SERVER PRODUCTS, INC.
SERVER PRODUCTS, INC. EMPLOYEES 401(K) RETIREMENT PLAN
$18.0M · 103 participants
Large plans in Minnesota
WELLS FARGO & COMPANY
WELLS FARGO & COMPANY 401(K) PLAN
$57.9B · 167,176 participants
UNITED HEALTHCARE SERVICES INC.
UNITEDHEALTH GROUP 401(K) SAVINGS PLAN MASTER TRUST
$31.0B
MINNESOTA LIFE INSURANCE COMPANY
MASTER SEPARATE ACCOUNT
$29.2B
UNITEDHEALTH GROUP INCORPORATED
UNITEDHEALTH GROUP 401(K) SAVINGS PLAN
$26.6B · 199,134 participants
TARGET CORPORATION
TARGET CORPORATION 401(K) PLAN
$14.4B · 427,999 participants
TARGET CORPORATION
TARGET CORPORATION 401(K) MASTER TRUST
$14.2B