Plan Snapshot
- Plan Sponsor: Iowa Plains Signing, INC.
- Sponsor EIN: 421501734
- Sponsor Address: 1110 W. 6TH AVENUE, SLATER, IA, 50244
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $6.6M
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. |
|---|---|---|---|---|
| 2024 | 264 | $6.6M | $541,151 | $812,190 |
| 2023 | 226 | $4.6M | $408,463 | $617,279 |
| 2022 | 114 | $3.2M | $280,436 | $468,282 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $58,425 | — | $58,425 |
| MASSACHUSETTS MUTUAL LIFE INSURANCE | BROKER/ADVISOR | — | $26,911 | $26,911 |
| QUALIFIED PLAN CONSULTANTS, LLC | TPA | $2,382 | $5,478 | $7,860 |
| CLIFTON LARSON ALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,196
- Estimated Expense Ratio: 1.403% 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 | $64,774 | — | $64,774 | — | — |
| 2023 | $41,251 | — | $41,251 | — | — |
| 2022 | $36,386 | — | $36,386 | — | — |