Plan Snapshot
- Plan Sponsor: Ray-Carroll County Grain Growers
- Sponsor EIN: 440403200
- Sponsor Address: 807 W MAIN ST, RICHMOND, MO, 64085
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $8.8M
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 | 135 | $8.8M | $349,065 | $649,599 |
| 2023 | 133 | $7.4M | $377,403 | $669,995 |
| 2022 | 131 | $6.7M | $310,209 | $580,479 |
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 LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $9,248 | $469 | $9,717 |
| 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: $9,717
- Estimated Expense Ratio: 0.110% 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 | $14,366 | $2,558 | $9,248 | — | — |
| 2023 | $13,550 | $2,893 | $2,320 | — | — |
| 2022 | $13,393 | $2,413 | $10,980 | — | — |