Plan Ledger DOL Form 5500 · updated monthly

Aase Haugen Homes Inc401(k)

AASE HAUGEN HOMES, INC 401(K) PLAN · DECORAH, IA · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Aase Haugen Homes Inc reported $10,972 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $699 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (810th of 878), and 10,104th of 11,911 in health care & social assistance. In 2022, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,941,170
Participants with balances48
Active participants83
Employer contributions$58,037
Employee contributions$99,479
Employer contribution per active participant$699
Average account balance$40,441
Benefits paid to participants$532,106
Plan auditUnmodified (clean) audit opinion
AuditorRYUN, GIVENS AND COMPANY, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$390
Total administrative$10,972
The Aase Haugen Homes Inc 401(k) match · 2022
Employer contribution per active participant$699
Median for plans this size$1,114

Aase Haugen Homes Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,972 · 0.47%
Similar plansHealth Care & Social Assistance · Iowa
Northcrest Community IA$2.0M · 0.92%
Opportunity Living IA$2.0M · 0.12%
Lutheran Homes Society IA$1.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 420680299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.