Plan Snapshot
- Plan Sponsor: Iowa Spring Manufacturing
- Sponsor EIN: 421066861
- Sponsor Address: 2112 GREENE ST PO BOX 130, ADEL, IA, 50003
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 174
- Total Assets: $10.0M
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 | 174 | $10.0M | $316,487 | $522,184 |
| 2023 | 156 | $9.0M | $282,040 | $464,899 |
| 2022 | 136 | $9.0M | $306,257 | $500,424 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES, INC. | Investment Advisor | $22,235 | — | $22,235 |
| ADP, INC. | Recordkeeper | $5,025 | — | $5,025 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC. — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,260
- Estimated Expense Ratio: 0.274% 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 | $27,261 | $22,235 | — | — | — |
| 2023 | $24,867 | $20,623 | — | — | — |
| 2022 | $27,346 | — | — | — | — |