Plan Snapshot
- Plan Sponsor: New Cooperative, INC.
- Sponsor EIN: 421009976
- Sponsor Address: 2626 1ST AVE S., FORT DODGE, IA, 505019940
- Plan Type: 401(k)
- Total Participants: 1,235
- Total Assets: $113.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,235 | $113.5M | $1.3M | $5.5M |
| 2023 | 1,150 | $105.6M | $1.1M | $4.9M |
| 2022 | 844 | $78.5M | $865,106 | $4.2M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $130,645 | $36,105 | $73,942 | — | — |
| 2023 | $103,267 | $40,425 | $12,898 | — | — |
| 2022 | $87,686 | $34,051 | $53,215 | — | $420 |