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Sponsor portfolio

COLE'S SALON INC.

EIN 41-1424867-Latest filing 2025
Plans
3
Retirement
2
$57.1M assets
Welfare
1
$804K premiums
Participants
863
14150 NICOLLET AVENUE, INDUSTRIAL PARK - BURNSVILLE, MN 55337952-892-9205
Plans on this EIN
3 filings
#001401k-$49.5M - 301 part#002ESOP-$7.6M - 218 part#501Fully Insured-$804K - 344 lives

Retirement portfolio analytics

2 plans aggregated / $57.1M assets / 519 participants

Assets by plan

Share of aggregate retirement assets

87%top
  • SALON, INC. 401(K) (#001)87%
  • & TRUST AGREEMENT (#002)13%
Total $57.1MClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
87%top
  • (Not disclosed)87%
  • ALERUS FINANCIAL, N.A.13%
Total $57.1MClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • SALON, INC. 401(K) (#001)301
  • & TRUST AGREEMENT (#002)218
Total 519Click row to drill in

Benefits portfolio analytics

1 plan / $804K premiums / 344 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$678K
  • Prescription drug$678K
  • Other$127K
  • Dental$116K
  • Life$116K
  • Short-term disability$116K
Total $804K6 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
84%top
  • BLUE CROSS OF CALIFORNIA84%
  • METROPOLITAN LIFE INSURANCE COMPANY15%
  • CURALINC HEALTHCARE1%
Total $804K3 slices

Broker market share

Schedule A broker compensation

Split broker
91%top
  • BROWN & BROWN INSURANCE SERVICES91%
  • STRATEGIC NON-MEDICAL SOLUTIONS LLC8%
  • HAYS COMPANIES, INC.1%
Total $62K3 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

COLES SALON, INC. 401(K) PLAN

401k

Assets$49.5M
Participants301
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002

COLE'S EMPLOYEE STOCK OWNERSHIP PLAN & TRUST AGREEMENT

ESOP

Assets$7.6M
Participants218
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

COLE'S SALON INC. GROUP BENEFITS WRAP PLAN

Fully Insured - BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS

Premiums$804K
Covered lives344
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans2

Plan #NameTypeAssetsParticipantsLatest year
001COLES SALON, INC. 401(K) PLAN401k$49.5M3012024
002COLE'S EMPLOYEE STOCK OWNERSHIP PLAN & TRUST AGREEMENTESOP$7.6M2182024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501COLE'S SALON INC. GROUP BENEFITS WRAP PLANFully InsuredBLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS$804K3442025
Retirement plans
Welfare plans
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