Plan Snapshot
- Plan Sponsor: Stine Seed Farm, INC.
- Sponsor EIN: 420951585
- Sponsor Address: 22555 LAREDO TRAIL, ADEL, IA, 50003
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 494
- Total Assets: $32.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 494 | $32.6M | $0 | $0 |
| 2024 | 424 | $26.2M | $717,949 | $1.9M |
| 2023 | 399 | $22.4M | $598,183 | $1.7M |
| 2022 | 364 | $16.7M | $528,561 | $1.3M |
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 | Recordkeeper | $103,112 | — | $103,112 |
| NORTHWESTERN MUTUAL WEALTH MGMT | Investment Advisor | — | $55,804 | $55,804 |
| ASCENSUS | Recordkeeper | $8,263 | $12,205 | $20,468 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $179,384
- Estimated Expense Ratio: 0.550% 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 |
|---|---|---|---|---|---|
| 2025 | $1,590,637 | — | $111,371 | — | — |
| 2024 | $103,018 | — | $103,018 | — | — |
| 2023 | $77,272 | — | $77,272 | — | — |
| 2022 | $81,747 | — | $81,747 | — | — |