Plan Snapshot
- Plan Sponsor: Intermountain Farmers Association
- Sponsor EIN: 870188560
- Sponsor Address: 1147 WEST 2100 SOUTH, SALT LAKE CITY, UT, 84119
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 975
- Total Assets: $47.8M
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. |
|---|---|---|---|---|
| 2025 | 975 | $47.8M | $0 | $0 |
| 2024 | 704 | $39.8M | $1.9M | $2.2M |
| 2023 | 425 | $33.8M | $1.2M | $1.7M |
| 2022 | 457 | $29.4M | $1.1M | $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 |
|---|---|---|---|---|
| LPL ENTERPRISE LLC | Investment Advisor | — | $77,452 | $77,452 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $19,580 | — | $19,580 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $14,266 | — | $14,266 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,298
- Estimated Expense Ratio: 0.233% 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 |
|---|---|---|---|---|---|
| 2025 | $3,572,889 | $19,580 | — | — | — |
| 2024 | $33,786 | $19,885 | — | — | — |
| 2023 | $29,956 | $19,117 | — | — | — |
| 2022 | $26,133 | $19,202 | $6,931 | — | — |