Plan Ledger DOL Form 5500 · updated monthly

Cedar River Contracting, Inc.401(k)

CEDAR RIVER CONTRACTING, INC. 401(K) PROFIT SHARING PLAN · CEDAR FALLS, IA · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Cedar River Contracting, Inc. reported $72,754 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,754 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 0.77% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Iowa (618th of 878), and 593rd of 786 in management of companies. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 103 to 119 since 2022.

Plan summary
Net assets, end of year$8,126,842
Participants with balances139
Active participants119
Employer contributions$208,757
Employee contributions$415,152
Employer contribution per active participant$1,754
Average account balance$58,466
Benefits paid to participants$512,728
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 139 accts · $209K emplr
2023$7.2M · 130 accts · $192K emplr
2022$6.0M · 123 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,754
Total administrative$72,754
The Cedar River Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$1,754
Median for plans this size$1,313
2024$1,754 per active participant
2023$1,842 per active participant
2022$1,853 per active participant

Cedar River Contracting, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,170
RSM US LLP · Accounting / audit$32,655

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$72,754 · 0.95%
2023$34,361 · 0.52%
2022$48,154 · 0.77%
All plans at this employer2
CEDAR RIVER CONTRACTING, INC. 401(K) PROFIT SHARING PLAN401(k)
CEDAR RIVER CONTRACTING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManagement of Companies · Iowa
Gnb Bancorporation IA$36.4M · 0.07%
Bank Midwest IA$32.2M · 0.01%
Farmers State Bank IA$28.8M · 0.07%
Huwa Enterprises, LLC CO$8.4M · 1.22%
Sgb Smit USA Holding Inc. OH$8.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421433596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.