Plan Snapshot
- Plan Sponsor: Midway Co-Op Association INC.
- Sponsor EIN: 480359855
- Sponsor Address: 210 HARRISON ST P0 BOX 40, OSBORNE, KS, 67473
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $13.4M
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 | 98 | $13.4M | $215,949 | $331,674 |
| 2023 | 98 | $12.4M | $209,324 | $319,903 |
| 2022 | 101 | $12.4M | $203,550 | $296,261 |
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 | $12,849 | — | $12,849 |
| 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: $17,849
- Estimated Expense Ratio: 0.134% 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 | $19,504 | $5,000 | $12,849 | — | — |
| 2023 | $19,404 | $5,000 | $13,248 | — | — |
| 2022 | $16,899 | — | $16,899 | — | — |