Plan Snapshot
- Plan Sponsor: Ellsworth Cooperative Creamery
- Sponsor EIN: 390262200
- Sponsor Address: 232 NORTH WALLACE STREET, ELLSWORTH, WI, 54011
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $13.9M
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 | 242 | $13.9M | $699,298 | $983,804 |
| 2023 | 240 | $11.2M | $621,332 | $918,214 |
| 2022 | 231 | $9.1M | $514,652 | $849,080 |
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 |
|---|---|---|---|---|
| EXCEL FINANCIAL | Investment Advisor | $37,844 | — | $37,844 |
| ALERUS FINANCIAL | Recordkeeper | $14,312 | — | $14,312 |
| DWC ERISA CONSULTANTS | Recordkeeper | $7,285 | — | $7,285 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,441
- Estimated Expense Ratio: 0.427% 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 | $59,441 | $37,844 | $7,285 | — | — |
| 2023 | $55,941 | — | — | — | — |
| 2022 | $53,324 | — | — | — | $53,324 |