Plan Snapshot
- Plan Sponsor: Mid-Kansas Cooperative Association
- Sponsor EIN: 480695087
- Sponsor Address: 307 WEST COLE STREET, MOUNDRIDGE, KS, 67107
- Plan Type: 401(k)
- Total Participants: 460
- Total Assets: $16.0M
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 | 460 | $16.0M | $0 | $991,048 |
| 2023 | 457 | $14.3M | $11,284 | $1.0M |
| 2022 | 457 | $13.0M | $0 | $1.0M |
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 |
|---|---|---|---|---|
| UNITED BENEFITS GROUP | Other Service Provider | $14,731 | — | $14,731 |
| INTELLICENTS INVESTMENT SOLUTIONS | Investment Advisor | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,731
- Estimated Expense Ratio: 0.123% 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 | $23,238 | $5,000 | $14,731 | — | — |
| 2023 | $23,443 | $5,000 | $13,522 | — | — |
| 2022 | $20,951 | $4,167 | $16,784 | — | — |