Plan Snapshot
- Plan Sponsor: Independencefirst
- Sponsor EIN: 391343425
- Sponsor Address: 540 S 1ST ST, MILWAUKEE, WI, 532041605
- Plan Type: 401(k)
- Total Participants: 1,048
- Total Assets: $17.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,048 | $17.5M | $502,937 | $645,992 |
| 2023 | 1,159 | $16.2M | $532,456 | $689,085 |
| 2022 | 1,271 | $14.3M | $556,559 | $822,779 |
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 |
|---|---|---|---|---|
| RITZ HOLMAN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RITZ HOLMAN LLP — Auditor
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 | $16,012 | — | — | — | — |
| 2023 | $8,140 | — | — | — | — |
| 2022 | $9,976 | — | — | — | — |