Plan Snapshot
- Plan Sponsor: Greatamerica Financial Services Corporation
- Sponsor EIN: 421425592
- Sponsor Address: 625 FIRST STREET, SE, CEDAR RAPIDS, IA, 52401
- Plan Type: 401(k)
- Total Participants: 751
- Total Assets: $178.6M
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 | 751 | $178.6M | $5.3M | $7.4M |
| 2023 | 752 | $154.5M | $5.2M | $6.8M |
| 2022 | 695 | $126.0M | $4.6M | $6.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $79,691 | — | $79,691 |
| CAPITAL STRATEGIES INVESTMENT GROUP | CONSULTANT | $51,250 | — | $51,250 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT | $16,753 | — | $16,753 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,694
- Estimated Expense Ratio: 0.083% 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 | $147,694 | — | — | $16,753 | — |
| 2023 | $150,782 | — | — | $15,960 | — |
| 2022 | $138,888 | — | — | — | — |