Plan Snapshot
- Plan Sponsor: United Quality Cooperative
- Sponsor EIN: 475516403
- Sponsor Address: 99 COOP STREET, NEW TOWN, ND, 58078
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $8.2M
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 | 152 | $8.2M | $557,034 | $529,212 |
| 2023 | 118 | $6.7M | $781,700 | $511,924 |
| 2022 | 135 | $4.8M | $236,576 | $439,769 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC-RPCP | Other Service Provider | $15,853 | — | $15,853 |
| CETERA ADVISORS LLC | Other Service Provider | $11,066 | — | $11,066 |
| CETERA INVESTMENT ADVISERS LLC | Other Service Provider | $8,842 | — | $8,842 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,761
- Estimated Expense Ratio: 0.435% 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 | $54,469 | — | — | — | — |
| 2023 | $37,022 | $27,431 | — | — | — |
| 2022 | $20,623 | — | — | — | — |