Plan Ledger DOL Form 5500 · updated monthly

C.R.I.C. LTD.401(k)

EVANS ENTERPRISES 401K PLAN · HIAWATHA, IA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

C.R.I.C. LTD. reported $54,171 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $293 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 0.71% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Iowa (635th of 878), and 1,955th of 3,341 in other services. In 2024, employees put in $12.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,387,314
Participants with balances125
Active participants119
Employer contributions$34,881
Employee contributions$431,188
Employer contribution per active participant$293
Average account balance$59,099
Benefits paid to participants$352,764
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $18K emplr
2024$7.4M · 125 accts · $35K emplr
2023$6.5M · 123 accts · $36K emplr
2022$5.4M · 137 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,171
Total administrative$54,171
The C.R.I.C. LTD. 401(k) match · 2024
Employer contribution per active participant$293
Median for plans this size$1,313
2024$293 per active participant
2023$322 per active participant
2022$258 per active participant

C.R.I.C. LTD.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · Loan processing$54,171
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS 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 history4
2025Not separately reported
2024$54,171 · 0.78%
2023$44,727 · 0.76%
2022$42,171 · 0.71%
Similar plansOther Services · Iowa
Clickstop, Inc. IA$15.4M · 0.50%
A to Z Drying, Inc. IA$12.4M · 0.33%
Nfo, Inc. IA$9.8M · 0.38%
City Laundering Co. IA$5.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421105676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.