Plan Snapshot
- Plan Sponsor: Godbersen-Smith Construction Company
- Sponsor EIN: 420823217
- Sponsor Address: 121 E. STATE HIGHWAY 175, IDA GROVE, IA, 514450152
- Plan Type: 401(k)
- Total Participants: 539
- Total Assets: $66.0M
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 | 539 | $66.0M | $1.1M | $2.5M |
| 2023 | 542 | $59.7M | $1.1M | $2.5M |
| 2022 | 512 | $54.5M | $1.0M | $2.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $230,242 | — | $230,242 |
| US BANCORP INVESTMENTS INC | BROKER/ADVISER | — | $62,279 | $62,279 |
| ENVESTNET RETIREMENT SOLUTIONS, LLC | OTHER | $24,936 | — | $24,936 |
| NORTHWESTERN MUTUAL WEALTH MGMT | INVESTMENT ADVISOR | $6,234 | — | $6,234 |
| FRANKEL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANKEL, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $323,691
- Estimated Expense Ratio: 0.491% 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 | $261,412 | $6,234 | — | — | — |
| 2023 | $229,306 | $5,490 | — | — | — |
| 2022 | $197,798 | $5,797 | $168,813 | — | — |