Plan Snapshot
- Plan Sponsor: North Coast Cooperative, INC.
- Sponsor EIN: 942227181
- Sponsor Address: 811 I STREET, ARCATA, CA, 955216123
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 100
- Total Assets: $11.3M
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 | 100 | $11.3M | $213,016 | $313,053 |
| 2023 | 93 | $10.8M | $213,258 | $311,811 |
| 2022 | 151 | $9.2M | $208,581 | $300,129 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | Investment Advisor | $47,475 | — | $47,475 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,475
- Estimated Expense Ratio: 0.421% 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 | $47,475 | $15,937 | $29,198 | — | — |
| 2023 | $42,050 | $13,652 | $26,448 | — | — |
| 2022 | $41,193 | $13,365 | $27,828 | — | — |