Plan Ledger DOL Form 5500 · updated monthly

Own, Inc.401(k) + ESOP (KSOP)

ANDERSON ENGINEERING, INC. 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Own, Inc. reported $38,471 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $6,338 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 0.09% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 533rd-largest of 1,393 plans among Missouri employers on file, and the 4,913th of 11,654 in professional & technical services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,923,472
Participants with balances288
Active participants208
Employer contributions$1,318,261
Employee contributions$1,168,277
Employer contribution per active participant$6,338
Average account balance$83,068
Benefits paid to participants$3,758,469
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT, ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 288 accts · $1.3M emplr
2023$22.4M · 255 accts · $610K emplr
2022$19.6M · 269 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,021
Total administrative$38,471
The Own, Inc. 401(k) match · 2024
Employer contribution per active participant$6,338
Median for plans this size$2,416
2024$6,338 per active participant
2023$2,892 per active participant
2022$3,128 per active participant

Own, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,674
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)indirect comp

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$38,471 · 0.17%
2023$3,700 · 0.02%
2022$16,452 · 0.09%
Similar plansProfessional & Technical Services · Missouri
R.L. Young, LLC MO$26.2M · 0.27%
Carevet Missouri, LLC MO$24.2M · 0.48%
Brown & Crouppen, P.C. MO$23.0M · 0.27%
Technology Partners, Inc. MO$22.8M · 0.51%
Lawrence Group People, LLC MO$22.5M · 0.32%
Toth & Associates, Inc. MO$21.7M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 440581184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.