Plan Snapshot
- Plan Sponsor: Young Plumbing & Heating Co.
- Sponsor EIN: 420929389
- Sponsor Address: PO BOX 1077, WATERLOO, IA, 507041077
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $37.4M
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 | 119 | $37.4M | $1.0M | $605,616 |
| 2023 | 114 | $33.6M | $985,090 | $553,738 |
| 2022 | 101 | $29.7M | $882,492 | $549,395 |
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 |
|---|---|---|---|---|
| ACCEL WEALTH MANAGEMENT | INVESTMENT ADVISORY | — | $62,025 | $62,025 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $43,159 | — | $43,159 |
| BERGANKDV, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERGANKDV, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,184
- Estimated Expense Ratio: 0.281% 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 | $47,132 | — | $43,159 | — | — |
| 2023 | $650 | — | $650 | — | — |
| 2022 | $2,909 | — | $1,100 | — | — |