Plan Snapshot
- Plan Sponsor: Van Diest Supply Co
- Sponsor EIN: 420934178
- Sponsor Address: PO BOX 610, WEBSTER CITY, IA, 505950610
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $54.0M
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 | 532 | $54.0M | $1.0M | $2.8M |
| 2023 | 540 | $50.4M | $967,437 | $2.8M |
| 2022 | 556 | $42.8M | $927,060 | $2.6M |
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 | $119,762 | — | $119,762 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | — | $40,000 | $40,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $159,762
- 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 | $119,762 | — | $119,762 | — | — |
| 2023 | $65,943 | — | $65,943 | — | — |
| 2022 | $27,792 | — | $27,792 | — | — |