Plan Ledger DOL Form 5500 · updated monthly

Annett Holdings, Inc.ESOP

ANNETT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Annett Holdings, Inc. reported $2,289 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,874 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 0.000% to 0.001%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 25th-largest of 878 plans among Iowa employers on file, and the 88th of 2,677 in transportation & warehousing. active participation has grown from 2,305 to 2,673 since 2022.

Plan summary
Net assets, end of year$418,490,530
Participants with balances4,641
Active participants2,673
Employer contributions$15,700,500
Employee contributions—
Employer contribution per active participant$5,874
Average account balance$90,172
Benefits paid to participants$27,720,980
Plan auditUnmodified (clean) audit opinion
AuditorMCGOWEN, HURST, CLARK & SMITH, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$418.5M · 4,641 accts · $15.7M emplr
2023$399.7M · 4,287 accts
2022$360.2M · 3,895 accts · $12K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$2,289
Total administrative$2,289
Employer contributions to the Annett Holdings, Inc. plan · 2024
Employer contribution per active participant$5,874
Median for plans this size$4,294
2024$5,874 per active participant
2022$5 per active participant

Annett Holdings, Inc.'s 2024 employer contribution ran above the $4,294 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.

Administrative cost history3
2024$2,289 · 0.00%
2023$2,204 · 0.00%
2022$562 · 0.00%
All plans at this employer2
ANNETT HOLDINGS, INC. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN401(k)
ANNETT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUSTESOP
Same employer
Similar plansTransportation & Warehousing · Iowa
Doordash, Inc. CA$438.7M · 0.12%
Gxo Enterprise Services, LLC CT$438.3M · 0.24%
Phi Group, Inc. LA$426.9M · 0.08%
Crowley Holdings Inc. FL$410.6M · 0.06%
Pitt Ohio Express, LLC PA$396.0M · 0.08%
Crete Carrier Corporation NE$392.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421292482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.