Plan Snapshot
- Plan Sponsor: Federal Home Loan Bank Of Des Moines
- Sponsor EIN: 426000149
- Sponsor Address: 909 LOCUST ST, DES MOINES, IA, 503092801
- Plan Type: 401(k)
- Total Participants: 369
- Total Assets: $144.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 369 | $144.7M | $5.3M | $5.6M |
| 2023 | 366 | $130.4M | $6.4M | $5.0M |
| 2022 | 356 | $108.5M | $4.6M | $4.8M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $83,776 | — | — | — | — |
| 2023 | $95,102 | — | $95,102 | — | — |
| 2022 | $101,048 | — | $100,383 | — | — |