Plan Snapshot
- Plan Sponsor: Collins Community Credit Union
- Sponsor EIN: 420190489
- Sponsor Address: 1005 BLAIRS FERRY RD NE, CEDAR RAPIDS, IA, 52402
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $23.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 190 | $23.2M | $986,694 | $984,769 |
| 2023 | 205 | $22.7M | $1.3M | $1.2M |
| 2022 | 281 | $23.2M | $1.9M | $1.6M |
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 |
|---|---|---|---|---|
| INTELLICENTS INVESTMENT SOLUTIONS | NONE | $70,253 | — | $70,253 |
| ONEAMERICA RETIREMENT SERVICES | NONE | $37,987 | — | $37,987 |
| MATRIX TRUST COMPANY | NONE | — | $14,103 | $14,103 |
| BT&CO., P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INTELLICENTS INVESTMENT SOLUTIONS — NONE
- MATRIX TRUST COMPANY — NONE
- BT&CO., P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,343
- Estimated Expense Ratio: 0.526% 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 | $108,240 | $70,253 | — | — | — |
| 2023 | $110,847 | $71,045 | — | — | — |
| 2022 | $121,557 | $50,912 | $68,994 | — | — |