Plan Snapshot
- Plan Sponsor: Ih Mississippi Valley Credit Union
- Sponsor EIN: 362523206
- Sponsor Address: 2500 RIVER DRIVE, MOLINE, IL, 61265
- Plan Type: 401(k)
- Total Participants: 401
- Total Assets: $41.1M
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 | 401 | $41.1M | $1.8M | $1.8M |
| 2023 | 395 | $35.9M | $1.8M | $1.8M |
| 2022 | 380 | $30.1M | $1.7M | $1.7M |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | NONE | $94,824 | — | $94,824 |
| FIRST COMMUNITY TRUST N.A. | NONE | $80,953 | — | $80,953 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $17,226 | $17,226 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- CHARLES SCHWAB TRUST BANK — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $193,003
- Estimated Expense Ratio: 0.469% 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 | $175,777 | $80,953 | — | — | — |
| 2023 | $165,199 | $80,306 | — | — | — |
| 2022 | $156,161 | $75,600 | — | — | — |