Plan Snapshot
- Plan Sponsor: Alsum Farms & Produce, INC.
- Sponsor EIN: 391291655
- Sponsor Address: N9083 CTY HWY EF, FRIESLAND, WI, 53935
- Plan Type: 401(k)
- Total Participants: 208
- Total Assets: $15.6M
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 | 208 | $15.6M | $526,442 | $531,340 |
| 2023 | 134 | $14.8M | $917,966 | $472,993 |
| 2022 | 129 | $11.7M | $690,877 | $410,935 |
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 |
|---|---|---|---|---|
| ASSOCIATED TRUST COMPANY, N.A. | Other Service Provider | $64,094 | — | $64,094 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,094
- Estimated Expense Ratio: 0.410% 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 | $64,094 | $61,836 | — | — | — |
| 2023 | $54,992 | $54,666 | — | — | — |
| 2022 | $54,994 | $54,194 | — | — | — |