Plan Snapshot
- Plan Sponsor: The Meth-Wick Community
- Sponsor EIN: 420838541
- Sponsor Address: 1224 13TH STREET NW, CEDAR RAPIDS, IA, 52405
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 154
- Total Assets: $5.6M
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 | 154 | $5.6M | $204,924 | $323,508 |
| 2023 | 135 | $5.7M | $190,486 | $315,488 |
| 2022 | 136 | $4.9M | $191,540 | $266,886 |
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 |
|---|---|---|---|---|
| KEYSTONE WEALTH MANAGEMENT INC. | Other Service Provider | $16,467 | — | $16,467 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,467
- Estimated Expense Ratio: 0.296% 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 | $47,563 | $29,371 | $1,725 | — | — |
| 2023 | $47,384 | $15,258 | $32,126 | — | — |
| 2022 | $45,154 | $13,884 | $30,170 | — | $1,100 |