Plan Snapshot
- Plan Sponsor: Wacosa
- Sponsor EIN: 410871466
- Sponsor Address: P.O. BOX 757, WAITE PARK, MN, 56387
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 136
- Total Assets: $4.2M
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. |
|---|---|---|---|---|
| 2025 | 136 | $4.2M | $0 | $0 |
| 2024 | 122 | $3.6M | $87,710 | $180,792 |
| 2023 | 120 | $3.3M | $90,917 | $182,423 |
| 2022 | 115 | $2.5M | $85,195 | $173,124 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $15,840 | — | $15,840 |
| BREMER BANK NATIONAL ASSOCIATION | Investment Advisor | $14,600 | — | $14,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,440
- Estimated Expense Ratio: 0.725% 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 |
|---|---|---|---|---|---|
| 2025 | $231,549 | $16,070 | — | — | — |
| 2024 | $28,733 | $14,698 | — | — | — |
| 2023 | $22,734 | — | — | — | — |
| 2022 | $19,408 | — | $19,408 | — | — |