Plan Snapshot
- Plan Sponsor: Iowa Farm Bureau Federation
- Sponsor EIN: 420331840
- Sponsor Address: 5400 UNIVERSITY AVE, WEST DES MOINES, IA, 502665950
- Plan Type: DB
- Total Participants: 128
- Total Assets: $49.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 128 | $49.6M | $1.9M | $0 |
| 2023 | 127 | $47.9M | $1.9M | $0 |
| 2022 | 110 | $42.7M | $2.2M | $0 |
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 |
|---|---|---|---|---|
| LUTZ AND COMPANY P.C. | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUTZ AND COMPANY P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 0.034% 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 | $87,243 | $18,000 | $34,265 | $17,000 | — |
| 2023 | $77,794 | $15,450 | $11,301 | $34,495 | — |
| 2022 | $59,153 | $9,031 | $15,728 | — | $19,434 |