Plan Snapshot
- Plan Sponsor: Exchange Company
- Sponsor EIN: 470635346
- Sponsor Address: 3110 2ND AVENUE, KEARNEY, NE, 688472905
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $16.9M
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 | 174 | $16.9M | $415,756 | $834,691 |
| 2023 | 173 | $15.1M | $396,552 | $765,479 |
| 2022 | 170 | $12.7M | $358,822 | $714,038 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $12,913 | — | $12,913 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,913
- Estimated Expense Ratio: 0.076% 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 | $83,229 | — | $70,316 | $12,913 | — |
| 2023 | $72,592 | — | $61,992 | $10,600 | — |
| 2022 | $67,283 | — | $56,985 | — | $10,298 |