# Central Farm Service 401(k) Plan
Source: https://planprovider.pro/companies/central-farm-service-401k-plan

> Central Farm Service's 401(k) plan: 300 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Central Farm Service

- **Sponsor EIN:** 810923572

- **Sponsor Address:** 233 W CIRO ST., TRUMAN, MN, 56088

- **Plan Type:** 401(k)

- **Total Participants:** 300

- **Total Assets:** $41.8M

## 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|300|$41.8M|$952,766|$1.6M|

| 2023|290|$38.2M|$911,479|$1.5M|

| 2022|282|$33.0M|$851,038|$1.5M|

## 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|

| GARDINER + COMPANY|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GARDINER + COMPANY](https://planprovider.pro/provider/gardiner-company) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$66,138|$52,705|—|—|—|

| 2023|$55,831|$43,586|—|—|—|

| 2022|$50,820|$42,868|—|—|—|

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