Plan Snapshot
- Plan Sponsor: Staple Cotton Cooperative Association
- Sponsor EIN: 640247150
- Sponsor Address: P.O. BOX 547, GREENWOOD, MS, 389350547
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $20.2M
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 | 207 | $20.2M | $832,176 | $660,523 |
| 2023 | 168 | $18.5M | $721,815 | $598,131 |
| 2022 | 166 | $15.0M | $496,434 | $576,996 |
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 |
|---|---|---|---|---|
| SAYLE, SANDIFER & JOHNSON, LLP | 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 | $62,212 | $36,745 | — | — | — |
| 2023 | $54,935 | $31,316 | — | — | — |
| 2022 | $55,620 | — | — | — | — |