Plan Ledger DOL Form 5500 · updated monthly

Charles Sargent Irrigation, Inc.401(k)

THE SARGENT COMPANIES 401(K) PLAN · BROKEN BOW, NE · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Charles Sargent Irrigation, Inc. reported $33,196 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,298 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 0.19% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 267th-largest of 565 plans among Nebraska employers on file, and the 2,197th of 5,337 in construction. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,794,584
Participants with balances164
Active participants167
Employer contributions$383,816
Employee contributions$796,338
Employer contribution per active participant$2,298
Average account balance$108,504
Benefits paid to participants$417,386
Plan auditUnmodified (clean) audit opinion
AuditorDANA F. COLE & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 164 accts · $384K emplr
2023$15.2M · 157 accts · $250K emplr
2022$12.7M · 156 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,196
Total administrative$33,196
The Charles Sargent Irrigation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,298
Median for plans this size$2,416
2024$2,298 per active participant
2023$1,582 per active participant
2022$1,460 per active participant

Charles Sargent Irrigation, Inc.'s 2024 employer contribution ran below the $2,416 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$33,195
MUTUAL SECURITIES INC · Other servicesindirect comp

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$33,196 · 0.20%
2023$28,001 · 0.20%
2022$26,686 · 0.19%
Same employer
Similar plansConstruction · Nebraska
Constructors, Inc. NE$24.6M · 0.08%
Road Safety Services Inc. NE$18.9M · 0.08%
Kidwell, Inc. NE$17.7M · 0.70%
Boyd Jones Construction Co. NE$17.2M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470402215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.