Plan Ledger DOL Form 5500 · updated monthly

Auxiant401(k)

AUXIANT 401(K) RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Auxiant reported $39,347 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,132 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Iowa (564th of 878), and 3,927th of 4,798 in finance & insurance. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,527,087
Participants with balances172
Active participants161
Employer contributions$343,279
Employee contributions$630,134
Employer contribution per active participant$2,132
Average account balance$61,204
Benefits paid to participants$255,754
Plan auditUnmodified (clean) audit opinion
AuditorBGHN ASSOCIATES, P.C.
Administrative expenses, itemized · 2022
Investment management$30,411
Total administrative$39,347
The Auxiant 401(k) match · 2022
Employer contribution per active participant$2,132
Median for plans this size$2,266

Auxiant's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$39,347 · 0.36%
Similar plansFinance & Insurance · Iowa
Visionbank IA$12.2M · 0.49%
Pilot Grove Savings Bank IA$11.6M · 0.34%
Greater Iowa Credit Union IA$10.4M · 0.43%
Nwbt, Inc. IA$10.3M · 0.00%
Ria Federal Credit Union IA$9.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421489487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.