Plan Ledger DOL Form 5500 · updated monthly

Chief Industries, Inc.401(k)

CHIEF INDUSTRIES, INC. THRIFT PLAN · GRAND ISLAND, NE · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Chief Industries, Inc. reported $216,595 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,783 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 fell from 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 50th-largest of 565 plans among Nebraska employers on file, and the 1,569th of 13,661 in manufacturing. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$129,537,102
Participants with balances1,430
Active participants1,296
Employer contributions$2,310,439
Employee contributions$7,103,063
Employer contribution per active participant$1,783
Average account balance$90,585
Benefits paid to participants$17,661,557
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.5M · 1,430 accts · $2.3M emplr
2023$119.4M · 1,392 accts · $2.1M emplr
2022$102.8M · 1,336 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,844
Investment management$110,751
Audit (IQPA)$8,000
Total administrative$216,595
The Chief Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,783
Median for plans this size$3,635
2024$1,783 per active participant
2023$1,710 per active participant
2022$1,156 per active participant

Chief Industries, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping · Investment advisory (participants)$63,433
ALLEN CAPITAL GROUP LLC · Investment advisory (participants) · Investment management$110,568
FORVIS MAZARS, LLP · Accounting / audit$8,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$375

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$216,595 · 0.17%
2023$251,524 · 0.23%
2022$267,592 · 0.23%
Same employer
Similar plansManufacturing · Nebraska
Valmont Industries, Inc. NE$766.4M · 0.11%
Lozier Corporation NE$191.8M · 0.02%
Nebco, Inc. NE$105.2M · 0.09%
Lindsay Corporation NE$95.3M · 0.21%
Green Plains Inc. NE$88.4M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470444429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.