Plan Ledger DOL Form 5500 · updated monthly

Central Iowa Power Cooperative401(k)

CENTRAL IOWA POWER COOPERATIVE 401(K) SAVINGS PLAN · CEDAR RAPIDS, IA · plan year 2025

Reported admin expense ratio · 2025
0.34%

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

Central Iowa Power Cooperative reported $130,271 in plan administrative expenses for 2025: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,338 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 3 years on file its reported administrative ratio fell from 0.36% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other utilities employers. By assets it is the 226th-largest of 878 plans among Iowa employers on file, and the 195th of 412 in utilities. In 2025, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,490,640
Participants with balances139
Active participants106
Employer contributions$459,844
Employee contributions$1,590,362
Employer contribution per active participant$4,338
Average account balance$298,494
Benefits paid to participants$1,191,301
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$41.5M · 139 accts · $460K emplr
2024$34.7M · 142 accts · $445K emplr
2023$31.9M · 143 accts · $414K emplr
2022$28.8M · 137 accts · $353K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$130,271
Total administrative$130,271
The Central Iowa Power Cooperative 401(k) match · 2025
Employer contribution per active participant$4,338
Median for plans this size$2,666
2025$4,338 per active participant
2024$3,976 per active participant
2023$3,759 per active participant
2022$3,361 per active participant

Central Iowa Power Cooperative's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$130,259
CAPFINANCIAL PARTNERS 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
2025$130,271 · 0.34%
2024$117,509 · 0.35%
2023$108,833 · 0.36%
2022$118,669 · 0.36%
Similar plansUtilities · Iowa
Bhe Pipeline Group, LLC IA$129.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420652127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.