# New Cooperative, INC. DB Plan
Source: https://planprovider.pro/companies/new-cooperative-inc-421009976-020

> New Cooperative, INC.'s DB plan: 413 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** New Cooperative, INC.

- **Sponsor EIN:** 421009976

- **Sponsor Address:** PO BOX 818, FORT DODGE, IA, 505019940

- **Plan Type:** DB

- **Plan Number:** 020

- **Total Participants:** 413

- **Total Assets:** $154.7M

## 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.|

| 2024|413|$154.7M|$750,000|$0|

| 2023|395|$153.3M|$11.8M|$0|

| 2022|283|$117.7M|$4.5M|$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|

| PRINCIPAL FINANCIAL GROUP|Other Service Provider|$138,068|—|$138,068|

| MERCER|Other Service Provider|$70,056|—|$70,056|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $208,124

- **Estimated Expense Ratio:** 0.135% 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|$353,555|$138,068|—|—|—|

| 2023|$245,058|$109,257|—|—|—|

| 2022|$238,450|$108,191|—|—|$38,211|

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