Plan Snapshot
- Plan Sponsor: Exceptional Persons, INC.
- Sponsor EIN: 420794846
- Sponsor Address: 760 ANSBOROUGH AVE, WATERLOO, IA, 50701
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 232 | $17.1M | $610,897 | $1.1M |
| 2023 | 232 | $16.3M | $622,823 | $1.1M |
| 2022 | 223 | $14.5M | $612,581 | $952,888 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL CORPORATION | NONE | $40,748 | — | $40,748 |
| STANCORP FINANCIAL | NONE | $24,344 | — | $24,344 |
| HOGAN-HANSEN, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,092
- Estimated Expense Ratio: 0.380% 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 | $65,093 | $40,748 | $24,345 | — | — |
| 2023 | $59,945 | — | $59,945 | — | — |
| 2022 | $61,414 | — | $61,414 | — | — |