Plan Ledger DOL Form 5500 · updated monthly

Cbh Co-Op401(k)

CO-OP 401(K) PLAN · STURGIS, SD · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Cbh Co-Op reported $33,345 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,586 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 0.34% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in South Dakota (178th of 233), and 595th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,989,372
Participants with balances125
Active participants108
Employer contributions$171,308
Employee contributions$482,368
Employer contribution per active participant$1,586
Average account balance$47,915
Benefits paid to participants$607,597
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 125 accts · $171K emplr
2023$5.4M · 134 accts · $158K emplr
2022$4.3M · 124 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,489
Total administrative$33,345
The Cbh Co-Op 401(k) match · 2024
Employer contribution per active participant$1,586
Median for plans this size$1,313
2024$1,586 per active participant
2023$1,463 per active participant
2022$1,315 per active participant

Cbh Co-Op'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
MILLIMAN INC. · Recordkeeping · Loan processing$30,705

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$33,345 · 0.59%
2023$26,502 · 0.55%
2022$13,907 · 0.34%
Same employer
Similar plansAgriculture, Forestry & Fishing · South Dakota
Central Farmers Cooperative SD$16.4M · 0.32%
Full Circle AG SD$9.3M · 0.75%
Morris, Inc. SD$6.1M · 0.01%
Agp Grain Marketing, LLC NE$6.1M · 0.18%
McCorkle Nurseries, Inc. GA$6.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460255064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.