Plan Snapshot
- Plan Sponsor: Cw Suter & Son, INC.
- Sponsor EIN: 470528839
- Sponsor Address: 1800 11TH STREET, SIOUX CITY, IA, 51101
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $13.5M
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 | 172 | $13.5M | $474,065 | $1.0M |
| 2023 | 145 | $11.0M | $423,073 | $869,108 |
| 2022 | 130 | $8.6M | $339,959 | $635,759 |
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 |
|---|---|---|---|---|
| SECURITY NATIONAL BANK | TRUSTEE | $45,855 | — | $45,855 |
| HENJES, CONNER & WILLIAMS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENJES, CONNER & WILLIAMS PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,855
- Estimated Expense Ratio: 0.339% 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 | $50,008 | $45,855 | — | — | — |
| 2023 | $41,366 | $38,630 | — | — | — |
| 2022 | $39,393 | $39,393 | — | — | — |