Plan Ledger DOL Form 5500 · updated monthly

Cottingham and Butler Insurance Services, Inc.401(k)

COTTINGHAM AND BUTLER INSURANCE SERVICES, INC. PROFIT SHARING & SAVINGS PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Cottingham and Butler Insurance Services, Inc. reported $42,993 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,918 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 has held roughly steady near 0.022%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 46th-largest of 878 plans among Iowa employers on file, and the 558th of 4,798 in finance & insurance. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 1,191 to 1,316 since 2022.

Plan summary
Net assets, end of year$213,928,677
Participants with balances1,625
Active participants1,316
Employer contributions$6,471,922
Employee contributions$8,256,220
Employer contribution per active participant$4,918
Average account balance$131,648
Benefits paid to participants$12,386,770
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$213.9M · 1,625 accts · $6.5M emplr
2023$185.2M · 1,597 accts · $5.8M emplr
2022$151.4M · 1,489 accts · $5.3M emplr
The Cottingham and Butler Insurance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$4,918
Median for plans this size$3,635
2024$4,918 per active participant
2023$4,490 per active participant
2022$4,447 per active participant

Cottingham and Butler Insurance Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$47,343

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$42,993 · 0.02%
2023$42,478 · 0.03%
2022$33,591 · 0.02%
Same employer
Similar plansFinance & Insurance · Iowa
Wellmark, Inc. IA$467.9M · 0.05%
Hma Group Holdings, LLC IA$245.4M · 0.16%
Veridian Credit Union IA$198.7M · 0.19%
Tmg Insurance Services, LLC IA$183.5M · 0.13%
Tmg Insurance Services, LLC IA$173.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420198040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.