Plan Snapshot
- Plan Sponsor: Palmer Candy Company
- Sponsor EIN: 420987933
- Sponsor Address: 2600 HIGHWAY 75 NORTH, SIOUX CITY, IA, 51105
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $8.8M
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 | 262 | $8.8M | $264,658 | $700,805 |
| 2023 | 272 | $7.8M | $220,449 | $661,951 |
| 2022 | 206 | $6.5M | $217,485 | $614,066 |
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 |
|---|---|---|---|---|
| HENJES, CONNOR & WILLIAMS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENJES, CONNOR & WILLIAMS PC — Auditor
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 | $34,729 | $30,799 | — | — | — |
| 2023 | $27,999 | $25,271 | — | — | — |
| 2022 | $26,242 | $26,242 | — | — | — |