Plan Ledger DOL Form 5500 · updated monthly

Barton Solvents, Inc.401(k)

BARTON SOLVENTS RETIREMENT PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Barton Solvents, Inc. reported $169,910 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $15,806 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 0.278%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 146th-largest of 878 plans among Iowa employers on file, and the 643rd of 4,246 in wholesale trade. In 2024, the employer put in $3.91 for every $1.00 employees contributed themselves; active participation has grown from 194 to 219 since 2022.

Plan summary
Net assets, end of year$64,558,341
Participants with balances288
Active participants219
Employer contributions$3,461,591
Employee contributions$886,390
Employer contribution per active participant$15,806
Average account balance$224,161
Benefits paid to participants$3,393,952
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL VANDER LINDEN CPA, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$64.6M · 288 accts · $3.5M emplr
2023$57.5M · 281 accts · $3.3M emplr
2022$52.1M · 252 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,910
Total administrative$169,910
The Barton Solvents, Inc. 401(k) match · 2024
Employer contribution per active participant$15,806
Median for plans this size$3,635
2024$15,806 per active participant
2023$15,435 per active participant
2022$15,529 per active participant

Barton Solvents, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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$169,910
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)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$169,910 · 0.28%
2023$156,602 · 0.29%
2022$158,865 · 0.28%
Same employer
Similar plansWholesale Trade · Iowa
Van Meter Inc. IA$596.8M
Altorfer Inc. IA$162.8M · 0.09%
State Steel Supply Co. IA$72.3M · 0.00%
Echo Group, Inc. IA$62.4M · 0.45%
Tomy International, Inc. IA$54.5M · 0.34%
Plumb Supply Company IA$54.5M · 0.27%
Iowa 80 Group, Inc. IA$53.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420683217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.