Plan Ledger DOL Form 5500 · updated monthly

Cedar Valley Corp., LLC401(k)

CEDAR VALLEY CORP. , LLC 401(K) RETIREMENT PLAN · WATERLOO, IA · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Cedar Valley Corp., LLC reported $36,563 in plan administrative expenses for 2023: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,756 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 0.42% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Iowa (595th of 878), and 3,208th of 5,337 in construction. In 2023, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,248,517
Participants with balances173
Active participants128
Employer contributions$224,734
Employee contributions$363,090
Employer contribution per active participant$1,756
Average account balance$53,460
Benefits paid to participants$610,000
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 169 accts · $204K emplr
2023$9.2M · 173 accts · $225K emplr
2022$8.1M · 162 accts · $198K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,172
Trustee / custodial$35,391
Total administrative$36,563
The Cedar Valley Corp., LLC 401(k) match · 2023
Employer contribution per active participant$1,756
Median for plans this size$1,308
2024$1,659 per active participant
2023$1,756 per active participant
2022$1,621 per active participant

Cedar Valley Corp., LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BANKERS TRUST COMPANY · Recordkeeping · Trustee$36,563

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

Recordkeeper by year2
2024BANKERS TRUST COMPANY
2023BANKERS TRUST COMPANY

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

Administrative cost history3
2024$52,420 · 0.57%
2023$36,563 · 0.42%
2022$37,950 · 0.42%
Same employer
Similar plansConstruction · Iowa
Keen Project Solutions IA$10.2M · 0.61%
Temco, Inc. IA$9.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420987141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.