Plan Snapshot
- Plan Sponsor: Central Region Cooperative
- Sponsor EIN: 410247880
- Sponsor Address: 27875 COUNTY ROAD 27 SLEEPY EYE, MINNESOTA, MN, 560850429
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $23.6M
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 | 169 | $23.6M | $621,909 | $879,297 |
| 2023 | 199 | $21.5M | $578,897 | $845,291 |
| 2022 | 178 | $18.2M | $516,854 | $745,083 |
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 |
|---|---|---|---|---|
| CARLSONSV | Auditor | — | — | $0 |
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 | $52,081 | $46,256 | — | — | — |
| 2023 | $53,490 | $38,984 | — | — | — |
| 2022 | $55,020 | — | $55,020 | — | — |