Plan Snapshot
- Plan Sponsor: Landus Cooperative
- Sponsor EIN: 420243650
- Sponsor Address: 220 SW 9TH ST., STE. 300, DES MOINES, IA, 50309
- Plan Type: DB
- Plan Number: 020
- Total Participants: 41
- Total Assets: $91.8M
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 | 41 | $91.8M | $67 | $0 |
| 2023 | 59 | $96.3M | $1.5M | $0 |
| 2022 | 67 | $92.6M | $2.0M | $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 |
|---|---|---|---|---|
| PRINCIPAL CUSTODY SOLUTIONS | Custodian / Trustee | $139,022 | — | $139,022 |
| MERCER | Actuary | $35,069 | — | $35,069 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL CUSTODY SOLUTIONS — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,091
- Estimated Expense Ratio: 0.190% 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 | $293,984 | — | $184,601 | — | — |
| 2023 | $523,766 | $82,342 | — | — | — |
| 2022 | $732,495 | $88,448 | — | — | $55,711 |