How big is Krause, Inc.'s plan?

Krause, Inc.'s plan reported $2.2M in assets and 84 participants for 2024.

Original filing (PDF)20250610070212NAL0024296464001

Krause, Inc.

Name: Krause, Inc. — Krause, Inc. 401(k) Plan, Form 5500 (2024)
Creator: Krause, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Krause, Inc. 401(k) Plan

401(k) retirement plan · Krause, Inc.'s Krause, Inc. 401(k) Plan held $2.2M in plan assets for 84 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.2M

Net assets (EOY)

$2.2M

People on this filing

KARI JO Olson signed Krause, Inc.'s 2024 Form 5500 as plan administrator.

KARI JO Olson — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Krause, Inc.'s EIN is 45-0312009.

EIN 45-0312009

Plan number 001

Plan year 2024

ACK ID 20250610070212NAL0024296464001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Krause, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Krause, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (6th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

KRAUSE, INC.

EIN

all filings

Address

PO BOX 445 · 1221 WEST MAIN STREET · HAZEN, ND · 58545

Phone

(701) 748-2444

Industry

Supermarkets & Other Grocery Stores· Retail Trade

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

2025-06-10

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)

3H · Sponsor in controlled / affiliated group

Service providers (Schedule C)

Small plans don't disclose service providers

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