Mid Iowa Coop 401(k) match, vesting and fees
What Mid Iowa Coop's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 595 defined-contribution plans in agriculture, forestry, fishing and hunting with 100 to 499 participants.
| Mid Iowa Coop: employer contribution per participant | $1,225 | |
| Peer median | $1,917 |
| Mid Iowa Coop: average balance | $86,793 | |
| Peer median | $58,404 |
| Mid Iowa Coop: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.38% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.2M at the end of plan year 2021 to $12.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 151 | $12.5M | $176K | $1,225 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 149 | $11.2M | $148K | $1,050 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 148 | $10.2M | $160K | $1,124 | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 160 | $12.2M | $145K | $973 | 0.12% | Not published | Form 5500 ↗ |
Other Mid Iowa Coop plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Restated Noncontributory Retirement Plan for Cooperatives
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Meriwether, Wilson and Co., PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Waterloo Service Company Employee Pension Benefit Plan - Members Mutual Oil Company
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Mid Iowa Coop match 401(k) contributions?
The match terms for the The Restated Thrift/Profit Sharing Plan for Cooperatives have not been published from its filing yet. The plan year 2024 filing reports $176K in employer contributions, about $1,225 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mid Iowa Coop 401(k) match vested?
The vesting schedule for the The Restated Thrift/Profit Sharing Plan for Cooperatives is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mid Iowa Coop 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Associated Benefits Corporation.
I left Mid Iowa Coop. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Associated Benefits Corporation, (515) 226-0303) or the recordkeeper, Principal Life Insurance Company. The Mid Iowa Coop old 401(k) page lists the contacts from every plan filing. Find an old Mid Iowa Coop 401(k)
Data from the public Form 5500 annual reports Mid Iowa Coop filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mid Iowa Coop. Not financial advice. Report a correction · Methodology