Plan Snapshot
- Plan Sponsor: Des Moines Christian School
- Sponsor EIN: 421193639
- Sponsor Address: 13007 DOUGLAS PARKWAY, URBANDALE, IA, 503231702
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 229
- Total Assets: $7.8M
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 | 229 | $7.8M | $311,627 | $682,064 |
| 2023 | 228 | $6.5M | $257,815 | $611,283 |
| 2022 | 220 | $5.2M | $212,154 | $528,172 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $25,369 | — | $25,369 |
| INTEGRITY ALLIANCE, LLC | Investment Advisor | $16,723 | $7 | $16,730 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,099
- Estimated Expense Ratio: 0.543% 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 | $42,096 | $16,727 | $25,369 | — | — |
| 2023 | $40,108 | $13,746 | $26,362 | — | — |
| 2022 | $33,275 | $10,705 | $22,570 | — | — |