Plan Ledger DOL Form 5500 · updated monthly

Ankeny Glass401(k)

THE KITCHEN & BATH COMPANY 401(K) PLAN · ANKENY, IA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Ankeny Glass reported $7,415 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,518 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 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Iowa (835th of 878), and 5,039th of 5,337 in construction. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,256,257
Participants with balances125
Active participants115
Employer contributions$174,551
Employee contributions$372,930
Employer contribution per active participant$1,518
Average account balance$10,050
Benefits paid to participants$5,488
Plan auditUnmodified (clean) audit opinion
AuditorMERIWETHER, WILSON, & CO PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$270
Investment management$7,145
Total administrative$7,415
The Ankeny Glass 401(k) match · 2024
Employer contribution per active participant$1,518
Median for plans this size$1,313

Ankeny Glass's 2024 employer contribution ran above the $1,313 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 · 20242
ASCENSUS LLC · Recordkeeping$270
ASSET MARK INC · Investment advisory (plan)$7,145

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

Administrative cost history1
2024$7,415 · 0.59%
Similar plansConstruction · Iowa
Runyan Construction, Inc. NM$1.3M · 1.25%
Revolution Industrial LLC AZ$1.3M · 2.35%
Comfort Temp, Inc. FL$1.3M · 0.06%
Cst Companies OH$1.3M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800829296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.