# Centra Sota Cooperative 401(k) Plan
Source: https://planprovider.pro/companies/centra-sota-cooperative-401k-plan

> Centra Sota Cooperative&#39;s 401(k) plan: 185 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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