Plan Snapshot
- Plan Sponsor: Innovative Ag Services Co.
- Sponsor EIN: 202096489
- Sponsor Address: 2010 S MAIN ST, MONTICELLO, IA, 523107707
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $38.1M
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 | 305 | $38.1M | $492,460 | $1.5M |
| 2023 | 284 | $36.5M | $457,478 | $1.4M |
| 2022 | 274 | $32.4M | $417,824 | $1.4M |
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 |
|---|---|---|---|---|
| CBIZ CPAS 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 | $47,641 | $12,933 | $25,596 | — | — |
| 2023 | $44,544 | $14,342 | $8,650 | — | — |
| 2022 | $45,949 | $15,263 | $30,686 | — | — |