Plan Snapshot
- Plan Sponsor: Stamats Communications, INC.
- Sponsor EIN: 420641030
- Sponsor Address: 308 3RD STREET SE, CEDAR RAPIDS, IA, 524012158
- Plan Type: 401(k)
- Total Participants: 45
- Total Assets: $9.6M
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 | 45 | $9.6M | $202,946 | $456,483 |
| 2023 | 78 | $10.8M | $204,230 | $493,245 |
| 2022 | 77 | $9.3M | $195,352 | $502,529 |
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 |
|---|---|---|---|---|
| HONKAMP, LLC | Auditor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HONKAMP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,000
- Estimated Expense Ratio: 0.104% 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 | $52,612 | $22,529 | $15,954 | $10,000 | — |
| 2023 | $49,085 | $20,635 | $15,623 | $10,000 | — |
| 2022 | $40,581 | $40,581 | — | — | — |