Plan Snapshot
- Plan Sponsor: Cottingham & Butler Insurance Service INC.
- Sponsor EIN: 420198040
- Sponsor Address: 800 MAIN STREET, DUBUQUE, IA, 52001
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,971
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,971 | $2.2M | $7.7M | $3.6M |
| 2023 | 924 | $2.4M | $7.2M | $3.1M |
| 2022 | 793 | $2.1M | $6.3M | $2.9M |
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 |
|---|---|---|---|---|
| WELLMARK | Recordkeeper | $584,162 | — | $584,162 |
| BUTLER HEALTHCORP INC | Other Service Provider | $265,391 | — | $265,391 |
| TELADOC HEALTH | Other Service Provider | $112,485 | — | $112,485 |
| SELF INSURED SERVICES COMPANY | Other Service Provider | $63,470 | — | $63,470 |
| OPTUMRX | Other Service Provider | $25,085 | — | $25,085 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,050,593
- Estimated Expense Ratio: 47.957% 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 | $785,202 | — | — | — | — |
| 2023 | $691,232 | — | — | — | — |
| 2022 | $394,492 | — | — | — | — |