Plan Snapshot
- Plan Sponsor: Lynch Livestock
- Sponsor EIN: 421081789
- Sponsor Address: 331 3RD ST NW, WAUCOMA, IA, 52171
- Plan Type: 401(k)
- Total Participants: 1,413
- Total Assets: $18.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,413 | $18.2M | $252,305 | $1.3M |
| 2023 | 1,296 | $15.9M | $237,143 | $1.3M |
| 2022 | 1,245 | $13.6M | $248,892 | $1.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $41,092 | — | $41,092 |
| FIRST INTERSTATE BANK OF COMMERCE | Investment Advisor | $34,985 | — | $34,985 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $7,641 | — | $7,641 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,718
- Estimated Expense Ratio: 0.460% 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 | $83,718 | $42,626 | $300 | — | — |
| 2023 | $70,673 | $28,630 | — | — | — |
| 2022 | $69,033 | $2,557 | — | — | — |