Plan Ledger DOL Form 5500 · updated monthly

A. Y. McDonald Industries, Inc.401(k)

A.Y. MCDONALD INDUSTRIES, INC. 401(K) PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.19%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

A. Y. McDonald Industries, Inc. reported $215,827 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,688 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.08% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 76th-largest of 878 plans among Iowa employers on file, and the 1,574th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$129,286,196
Participants with balances1,603
Active participants1,282
Employer contributions$3,445,864
Employee contributions$7,144,321
Employer contribution per active participant$2,688
Average account balance$80,653
Benefits paid to participants$10,414,671
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP,P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$129.3M · 1,603 accts · $3.4M emplr
2023$101.6M · 1,522 accts · $3.4M emplr
2022$86.9M · 1,586 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Investment management$58,210
Audit (IQPA)$150,283
Total administrative$215,827
The A. Y. McDonald Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$3,635
2024$2,688 per active participant
2023$2,743 per active participant
2022$2,319 per active participant

A. Y. McDonald Industries, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$33,600
HONKAMP KRUEGER & CO PC · Investment advisory (plan)$24,051
BRIAN J KALLBACK DBA VINE & FIG TRE$7,334
EMPOWER ADVISORY GROUP, LLC · Investment management$559

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$215,827 · 0.19%
2023$185,574 · 0.20%
2022$79,792 · 0.08%
Same employer
Similar plansManufacturing · Iowa
The Finway Group IA$146.2M · 0.77%
Roquette America, Inc. IA$140.2M · 0.14%
Chesterman Company IA$128.4M · 0.38%
V-T Industries, Inc. IA$110.6M · 0.11%
Wilson Trailer Company IA$101.0M · 0.13%
Efco Corp. IA$100.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420404280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.