Plan Snapshot
- Plan Sponsor: Jefferson Capital Systems, LLC
- Sponsor EIN: 203686718
- Sponsor Address: 200 14TH AVE E, SARTELL, MN, 56377
- Plan Type: 401(k)
- Total Participants: 215
- Total Assets: $13.8M
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. |
|---|---|---|---|---|
| 2024 | 215 | $13.8M | $160,079 | $1.2M |
| 2023 | 190 | $11.1M | $143,367 | $992,660 |
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 |
|---|---|---|---|---|
| ALLIANCEBERNSTEIN LP | Investment Advisor | $29,067 | — | $29,067 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $15,993 | — | $15,993 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,060
- Estimated Expense Ratio: 0.327% 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 | $45,060 | $29,067 | — | — | — |
| 2023 | $37,530 | $20,771 | — | — | — |