Plan Snapshot
- Plan Sponsor: Gary W. Clem, INC. Dba Almaco
- Sponsor EIN: 421092106
- Sponsor Address: 99 M AVE, NEVADA, IA, 50201
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $19.6M
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 | 181 | $19.6M | $280,052 | $785,668 |
| 2023 | 165 | $17.6M | $373,962 | $801,108 |
| 2022 | 190 | $15.8M | $388,491 | $878,380 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
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 | $74,732 | $49,247 | — | — | — |
| 2023 | $67,720 | $44,335 | — | — | — |
| 2022 | $66,388 | $40,818 | — | — | — |