Plan Snapshot
- Plan Sponsor: Morningside University Defined 401(A)
- Sponsor EIN: 420680400
- Sponsor Address: 1501 MORNINGSIDE AVENUE, SIOUX CITY, IA, 511061717
- Plan Type: DC
- Plan Number: 003
- Total Participants: 320
- Total Assets: $24.2M
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. |
|---|---|---|---|---|
| 2025 | 320 | $24.2M | $0 | $0 |
| 2024 | 164 | $22.8M | $0 | $0 |
| 2023 | 170 | $21.6M | $0 | $0 |
| 2022 | 183 | $20.0M | $0 | $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 |
|---|---|---|---|---|
| HUB INVESTMENT PARTNERS | Other Service Provider | $17,556 | — | $17,556 |
| TIAA | Other Service Provider | $8,882 | — | $8,882 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,438
- Estimated Expense Ratio: 0.109% 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 |
|---|---|---|---|---|---|
| 2025 | $1,716,443 | — | — | — | — |
| 2024 | $23,987 | — | — | — | — |
| 2023 | $19,458 | — | — | — | — |
| 2022 | $13,199 | — | — | — | — |