Plan Snapshot
- Plan Sponsor: Associated Milk Producers, INC.
- Sponsor EIN: 741649119
- Sponsor Address: P.O. BOX 455, NEW ULM, MN, 560730455
- Plan Type: DB
- Total Participants: 183
- Total Assets: $80.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 183 | $80.7M | $677,980 | $0 |
| 2023 | 217 | $84.6M | $60,000 | $0 |
| 2022 | 251 | $84.0M | $240,000 | $0 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $17,925 | — | $17,925 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,925
- Estimated Expense Ratio: 0.022% 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 | $547,293 | — | — | $17,925 | — |
| 2023 | $977,587 | — | — | $30,075 | — |
| 2022 | $1,065,525 | $321,830 | — | — | $103,735 |