Plan Snapshot
- Plan Sponsor: Vermeer Midwest, INC.
- Sponsor EIN: 364335540
- Sponsor Address: 120 EAST MARTIN DRIVE, GOODFIELD, IL, 61742
- Plan Type: DC
- Total Participants: 311
- Total Assets: $77.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 311 | $77.3M | $1.7M | $2.7M |
| 2023 | 293 | $66.0M | $1.5M | $2.6M |
| 2022 | 281 | $56.2M | $1.1M | $2.4M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | INVESTMENT ADVISOR | $103,457 | — | $103,457 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $27,979 | — | $27,979 |
| CLIFTON LARSON ALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,436
- Estimated Expense Ratio: 0.170% 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 | $131,692 | $103,457 | — | — | — |
| 2023 | $111,190 | $87,705 | — | — | — |
| 2022 | $116,404 | — | $116,404 | — | — |