Plan Snapshot
- Plan Sponsor: 2nd Adventure Payroll Services, LLC
- Sponsor EIN: 933924219
- Sponsor Address: 3006 BROWNELLS PKWY, GRINNELL, IA, 50112
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $24.1M
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 | 297 | $24.1M | $885,734 | $1.3M |
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 |
|---|---|---|---|---|
| SOLTIS INVESTMENT ADVISORS LLC | Investment Advisor | $49,274 | — | $49,274 |
| NEWPORT GROUP, INC. | Other Service Provider | $31,199 | — | $31,199 |
| T ROWE PRICE RPS INC | Other Service Provider | $13,901 | — | $13,901 |
| NEWPORT TRUST COMAPNY | Other Service Provider | $10,911 | — | $10,911 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SOLTIS INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,285
- Estimated Expense Ratio: 0.436% of plan assets
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 | $133,474 | $49,274 | $31,199 | — | — |