Plan Snapshot
- Plan Sponsor: American Angus Association
- Sponsor EIN: 440605539
- Sponsor Address: 3201 FREDERICK AVENUE, ST. JOSEPH, MI, 64506
- Plan Type: 401(k)
- Total Participants: 288
- Total Assets: $56.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 288 | $56.1M | $1.8M | $2.0M |
| 2023 | 286 | $50.0M | $1.8M | $1.9M |
| 2022 | 282 | $42.2M | $1.7M | $1.7M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES | NONE | $63,299 | — | $63,299 |
| JOHN HANCOCK | RETAINED BY EMPLOYER | $52,737 | — | $52,737 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — NONE
- JOHN HANCOCK — RETAINED BY EMPLOYER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,036
- Estimated Expense Ratio: 0.207% 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 | $116,036 | $63,299 | $52,737 | — | — |
| 2023 | $90,756 | $38,979 | $51,777 | — | — |
| 2022 | $130,288 | $81,516 | $48,772 | — | — |