Plan Snapshot
- Plan Sponsor: Seward Co-Op
- Sponsor EIN: 411515683
- Sponsor Address: 2601 E FRANKLIN AVE UPSTAIRS, MINNEAPOLIS, MN, 55406
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $4.4M
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 | 172 | $4.4M | $144,016 | $253,498 |
| 2023 | 188 | $3.5M | $118,807 | $217,980 |
| 2022 | 172 | $2.9M | $114,114 | $203,263 |
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 |
|---|---|---|---|---|
| MAHONEY | Auditor | — | — | $0 |
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 | $1,206 | — | — | — | — |
| 2023 | $1,998 | — | $598 | — | — |
| 2022 | $2,675 | $2,125 | $550 | — | — |