# Groschopp, INC. 401(k) Plan
Source: https://planprovider.pro/companies/groschopp-inc-401k-plan

> Groschopp, INC.'s 401(k) plan: 141 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Groschopp, INC.

- **Sponsor EIN:** 060954740

- **Sponsor Address:** 420 15TH ST NE, SIOUX CENTER, IA, 512502115

- **Plan Type:** 401(k)

- **Total Participants:** 141

- **Total Assets:** $12.3M

## 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|141|$12.3M|$0|$404,300|

| 2023|157|$11.9M|$0|$429,043|

| 2022|159|$11.0M|$0|$444,194|

## 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|

| KROESE & KROESE, P.C.|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|$66,828|—|$66,828|—|—|

| 2023|$13,402|—|$13,402|—|—|

| 2022|$34,567|—|$34,567|—|—|

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