Plan Snapshot
- Plan Sponsor: Centra Sota Cooperative
- Sponsor EIN: 410488480
- Sponsor Address: 805 HWY 55 EAST, BUFFALO, MN, 55313
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $20.6M
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 | 185 | $20.6M | $536,785 | $990,198 |
| 2023 | 144 | $18.5M | $495,193 | $841,750 |
| 2022 | 145 | $16.1M | $431,739 | $735,503 |
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 |
|---|---|---|---|---|
| CARLSON SV LLP | Auditor | $14,450 | — | $14,450 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,450
- Estimated Expense Ratio: 0.070% 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 | $19,548 | — | — | $14,450 | — |
| 2023 | $18,200 | — | — | $15,278 | — |
| 2022 | $16,475 | — | — | — | $14,450 |