Plan Ledger DOL Form 5500 · updated monthly

Behnke Enterprises, Inc.401(k)

BEHNKE ENTERPRISES, INC. 401(K) PLAN · FARLEY, IA · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Behnke Enterprises, Inc. reported $68,868 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,890 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 manufacturing employers. By assets it is among the smaller plans on file in Iowa (644th of 878), and 10,098th of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,130,967
Participants with balances159
Active participants135
Employer contributions$255,130
Employee contributions$551,757
Employer contribution per active participant$1,890
Average account balance$44,849
Benefits paid to participants$265,133
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,545
Investment management$3,323
Total administrative$68,868
The Behnke Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,890
Median for plans this size$1,313

Behnke Enterprises, Inc.'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 · 20241

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$68,868 · 1.08%
Similar plansManufacturing · Iowa
Interpower Corporation IA$7.7M · 0.28%
Agrisolutions IA$7.6M · 0.49%
Sioux City Foundry Co IA$7.3M · 0.50%
Addoco, Inc. IA$7.2M · 0.53%
Hahn Ready-Mix Company IA$6.8M · 0.69%
Kpi Concepts, LLC IA$6.7M · 0.48%
Cemen Tech Holdings IA$6.5M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421302270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.