Plan Snapshot
- Plan Sponsor: United Way Of Central Iowa
- Sponsor EIN: 420680425
- Sponsor Address: 1111 9TH ST STE 100, DES MOINES, IA, 503142527
- Plan Type: 401(k)
- Total Participants: 659
- Total Assets: $33.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 659 | $33.4M | $738,520 | $2.1M |
| 2023 | 703 | $31.2M | $758,366 | $2.2M |
| 2022 | 707 | $27.2M | $733,582 | $2.1M |
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 | $143,725 | — | $143,725 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | — | $65,711 | $65,711 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,436
- Estimated Expense Ratio: 0.628% 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 | $143,726 | — | $143,726 | — | — |
| 2023 | $131,015 | — | $131,015 | — | — |
| 2022 | $137,176 | — | $137,176 | — | — |