Plan Snapshot
- Plan Sponsor: Northern Country Cooperative
- Sponsor EIN: 420539815
- Sponsor Address: 203 E SPRINGS, STACYVILLE, IA, 504760217
- Plan Type: 401(k)
- Plan Number: 030
- Total Participants: 96
- Total Assets: $14.3M
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. |
|---|---|---|---|---|
| 2023 | 96 | $14.3M | $98,664 | $609,080 |
| 2022 | 97 | $12.5M | $91,441 | $585,759 |
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 |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES, LLC | Investment Advisor | $9,893 | — | $9,893 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $6,243 | $2,216 | $8,459 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,352
- Estimated Expense Ratio: 0.128% 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 |
|---|---|---|---|---|---|
| 2023 | $17,896 | $9,893 | $1,760 | — | — |
| 2022 | $18,686 | $10,154 | $8,532 | — | — |