Plan Snapshot
- Plan Sponsor: Goodwill Of The Great Plains
- Sponsor EIN: 420727509
- Sponsor Address: 3100 W. FOURTH STREET, SIOUX CITY, IA, 51103
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $6.7M
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 | 260 | $6.7M | $264,574 | $362,911 |
| 2023 | 249 | $6.2M | $264,975 | $361,816 |
| 2022 | 258 | $5.7M | $241,541 | $328,758 |
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 | $25,890 | — | $25,890 |
| HUB INVESTMENT ADVISORS INC | INVESTMENT ADVISOR | $15,704 | — | $15,704 |
| FUTUREPLAN BY ASCENSUS | CONTRACT ADMIN | $3,900 | $6,282 | $10,182 |
| KING, REINSCH, PROSSER, & CO., LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,776
- Estimated Expense Ratio: 0.778% 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 | $48,607 | — | $48,607 | — | — |
| 2023 | $42,500 | — | $42,500 | — | — |
| 2022 | $48,981 | — | $48,981 | — | — |