Plan Ledger DOL Form 5500 · updated monthly

Anderson Erickson Dairy Co.401(k)

ANDERSON-ERICKSON DAIRY CO. PROFIT SHARING AND 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Anderson Erickson Dairy Co. reported $40,515 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,335 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 426th-largest of 878 plans among Iowa employers on file, and the 6,294th of 13,661 in manufacturing. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 160 to 185 since 2022.

Plan summary
Net assets, end of year$18,214,948
Participants with balances152
Active participants185
Employer contributions$246,884
Employee contributions$558,817
Employer contribution per active participant$1,335
Average account balance$119,835
Benefits paid to participants$764,853
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 152 accts · $247K emplr
2023$16.0M · 148 accts · $219K emplr
2022$14.9M · 150 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,918
Investment management$8,597
Total administrative$40,515
The Anderson Erickson Dairy Co. 401(k) match · 2024
Employer contribution per active participant$1,335
Median for plans this size$2,416
2024$1,335 per active participant
2023$1,320 per active participant
2022$1,305 per active participant

Anderson Erickson Dairy Co.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,918
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$8,594
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$40,515 · 0.24%
2023$35,602 · 0.23%
2022$39,270 · 0.23%
All plans at this employer2
ANDERSON-ERICKSON DAIRY CO. PROFIT SHARING AND 401(K) PLAN401(k)
A-E EMPLOYEES 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Iowa
American Pop Corn Company IA$19.4M · 0.34%
Dethmers Manufacturing Co IA$18.2M · 0.60%
Freund-Vector Corporation IA$17.9M · 0.31%
Co-Line Welding, Inc. IA$17.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420115611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.