Plan Snapshot
- Plan Sponsor: Ark Data Centers, LLC
- Sponsor EIN: 260610499
- Sponsor Address: 460 12TH AVE. SE, CEDAR RAPIDS, IA, 52401
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $23.1M
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 | 187 | $23.1M | $749,643 | $1.6M |
| 2023 | 242 | $21.5M | $803,574 | $1.7M |
| 2022 | 220 | $17.3M | $727,321 | $1.6M |
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 |
|---|---|---|---|---|
| FORGE FINANCIAL AND MANAGEMENT CONS | 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 | $6,850 | — | $4,650 | — | — |
| 2023 | $5,275 | — | — | — | — |
| 2022 | $3,415 | $3,415 | — | — | — |