Plan Ledger DOL Form 5500 · updated monthly

Auxiant401(k)

AUXIANT 401(K) RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Auxiant reported $40,679 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,336 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 1 year on file its reported administrative ratio fell from 0.40% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Iowa (484th of 878), and 3,481st of 4,798 in finance & insurance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,243,489
Participants with balances191
Active participants186
Employer contributions$434,542
Employee contributions$781,457
Employer contribution per active participant$2,336
Average account balance$79,809
Benefits paid to participants$490,494
Plan auditUnmodified (clean) audit opinion
AuditorBGHN ASSOCIATES P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$15.2M · 191 accts · $435K emplr
2023$12.4M · 184 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,999
Investment management$25,536
Trustee / custodial$9,144
Total administrative$40,679
The Auxiant 401(k) match · 2024
Employer contribution per active participant$2,336
Median for plans this size$2,416
2024$2,336 per active participant
2023$2,337 per active participant

Auxiant'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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$15,143
INTELLICENTS INC · Investment advisory (participants) · Investment advisory (plan)$25,536

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$40,679 · 0.29%
2023$46,006 · 0.40%
Same employer
Similar plansFinance & Insurance · Iowa
Cusb Bank IA$16.2M · 0.28%
Visionbank IA$12.2M · 0.49%
Pilot Grove Savings Bank IA$11.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421426202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.