Plan Snapshot
- Plan Sponsor: Hawkeye Area Community Action Program, INC.
- Sponsor EIN: 420898405
- Sponsor Address: 1515 HAWKEYE DRIVE, HIAWATHA, IA, 522331102
- Plan Type: 403(b)
- Total Participants: 391
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 391 | $9.0M | $248,871 | $393,696 |
| 2023 | 349 | $8.0M | $252,977 | $352,404 |
| 2022 | 336 | $6.8M | $243,372 | $337,079 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $42,697 | — | $42,697 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $20,757 | $20,757 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,454
- Estimated Expense Ratio: 0.702% 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 | $42,697 | — | $42,697 | — | — |
| 2023 | $38,162 | — | $38,162 | — | — |
| 2022 | $37,249 | — | $37,249 | — | — |