Plan Snapshot
- Plan Sponsor: United Fire & Casualty Co
- Sponsor EIN: 420644327
- Sponsor Address: 118 SECOND AVE SE, CEDAR RAPIDS, IA, 52401
- Plan Type: DB
- Total Participants: 652
- Total Assets: $241.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 652 | $241.2M | $0 | $0 |
| 2023 | 777 | $263.9M | $0 | $0 |
| 2022 | 863 | $229.7M | $0 | $0 |
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 | CONTRACT ADMINISTRATOR | $201,399 | — | $201,399 |
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY | — | $52,125 | $52,125 |
| CAPFINANCIAL PARTNERS, L | INVESTMENT ADVISORY | $18,875 | — | $18,875 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISORY
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $272,399
- Estimated Expense Ratio: 0.113% 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 | $335,569 | $134,170 | $201,399 | — | — |
| 2023 | $210,856 | $3,875 | — | — | — |
| 2022 | $483,738 | — | $195,513 | — | — |