Plan Ledger DOL Form 5500 · updated monthly

Croell, Inc.401(k)

CROELL, INC. 401(K) PLAN · NEW HAMPTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Croell, Inc. reported $152,549 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,057 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 0.330%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 188th-largest of 878 plans among Iowa employers on file, and the 3,118th of 13,661 in manufacturing. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has grown from 869 to 1,053 since 2022.

Plan summary
Net assets, end of year$50,687,200
Participants with balances1,199
Active participants1,053
Employer contributions$1,113,033
Employee contributions$4,347,062
Employer contribution per active participant$1,057
Average account balance$42,275
Benefits paid to participants$2,641,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 1,199 accts · $1.1M emplr
2023$41.8M · 1,032 accts · $967K emplr
2022$33.9M · 957 accts · $822K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,628
Investment management$6,921
Total administrative$152,549
The Croell, Inc. 401(k) match · 2024
Employer contribution per active participant$1,057
Median for plans this size$2,416
2024$1,057 per active participant
2023$1,051 per active participant
2022$946 per active participant

Croell, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
JOHN HANCOCK RETIREMENT PLAN · Recordkeeping · Trustee (directed)$152,548
PARADIGM BENEFITS LLC · Recordkeeping · Loan processing$27,415
L.M.KOHN & COMPANY · Investment advisory (participants)$58,547

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

Recordkeeper by year2
2024John Hancock, PARADIGM BENEFITS LLC
2023John Hancock, PARADIGM BENEFITS LLC

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

Administrative cost history3
2024$152,549 · 0.33%
2023$132,055 · 0.35%
2022$121,912 · 0.33%
Same employer
Similar plansManufacturing · Iowa
Van Diest Supply Co IA$54.0M · 0.23%
Siegwerk USA Co. IA$53.8M · 0.21%
West Liberty Foods, L.L.C. IA$53.6M · 0.59%
Omaha Standard, LLC IA$46.8M · 0.44%
Custom-Pak, Inc. IA$46.5M · 0.04%
Purfoods, LLC IA$42.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421029170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.