Plan Snapshot
- Plan Sponsor: West Side Unlimited Corporation
- Sponsor EIN: 421111180
- Sponsor Address: 11801 6TH ST SW, CEDAR RAPIDS, IA, 52404
- Plan Type: 401(k)
- Total Participants: 583
- Total Assets: $9.5M
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 | 583 | $9.5M | $255,262 | $732,465 |
| 2023 | 642 | $10.9M | $274,977 | $828,675 |
| 2022 | 709 | $9.3M | $250,275 | $674,291 |
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 |
|---|---|---|---|---|
| OHNWARD FINANCIAL ADVISOR SERVICES | Recordkeeper | $27,173 | — | $27,173 |
| JULY BUSINESS SERVICES LLC | Recordkeeper | $25,785 | — | $25,785 |
| HTLF RETIREMENT PLAN SERVICES | Other Service Provider | $11,508 | — | $11,508 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,466
- Estimated Expense Ratio: 0.680% 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 | $91,592 | $27,173 | $11,397 | — | — |
| 2023 | $48,719 | — | $48,719 | — | — |
| 2022 | $65,046 | — | $65,046 | — | — |