Plan Snapshot
- Plan Sponsor: Hoosier Uplands Economic Development Corporation
- Sponsor EIN: 351115492
- Sponsor Address: 500 W MAIN ST, MITCHELL, IN, 474461411
- Plan Type: 403(b)
- Total Participants: 221
- Total Assets: $6.9M
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 | 221 | $6.9M | $224,602 | $305,004 |
| 2023 | 229 | $6.1M | $195,428 | $271,395 |
| 2022 | 237 | $5.1M | $182,105 | $247,758 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES, INC. | Other Service Provider | $27,171 | — | $27,171 |
| CPI QUALIFIED PLAN CONSULTANTS, INC | Recordkeeper | $18,332 | — | $18,332 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CPI QUALIFIED PLAN CONSULTANTS, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,503
- Estimated Expense Ratio: 0.664% 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 | $45,503 | $27,171 | $1,400 | — | — |
| 2023 | $37,304 | $22,554 | $850 | — | — |
| 2022 | $34,051 | $20,254 | $13,797 | — | — |