Plan Snapshot
- Plan Sponsor: Simmons Perrine Moyer Bergman PLC
- Sponsor EIN: 420665669
- Sponsor Address: 115 THIRD ST. SE STE. 1200, CEDAR RAPIDS, IA, 52401
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $56.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 117 | $56.8M | $1.6M | $1.3M |
| 2023 | 104 | $49.4M | $1.5M | $1.2M |
| 2022 | 94 | $43.7M | $1.4M | $1.2M |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB TRUST BANK | NONE | — | $9,292 | $9,292 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $7,656 | — | $7,656 |
| STEELE CAPITAL MANAGEMENT, INC. | NONE | $6,593 | — | $6,593 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
- EPIC RETIREMENT PLAN SERVICES — NONE
- STEELE CAPITAL MANAGEMENT, INC. — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,541
- Estimated Expense Ratio: 0.041% 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 | $14,249 | $6,593 | — | — | — |
| 2023 | $13,847 | $7,066 | — | — | — |
| 2022 | $17,067 | $9,010 | — | — | — |