Plan Ledger DOL Form 5500 · updated monthly

Dean Snyder Construction Co401(k)

DEAN SNYDER CONSTRUCTION CO. RETIREMENT PLAN · CLEAR LAKE, IA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Dean Snyder Construction Co reported $62,275 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,580 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 0.24% to 0.34%. 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 406th-largest of 878 plans among Iowa employers on file, and the 2,051st of 5,337 in construction. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 278 to 241 since 2022.

Plan summary
Net assets, end of year$19,508,068
Participants with balances282
Active participants241
Employer contributions$621,774
Employee contributions$1,230,111
Employer contribution per active participant$2,580
Average account balance$69,178
Benefits paid to participants$1,821,082
Plan auditUnmodified (clean) audit opinion
AuditorPOTTER & BRANT, P.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 282 accts · $622K emplr
2023$17.3M · 278 accts · $591K emplr
2022$14.6M · 281 accts · $527K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,275
Total administrative$62,275
The Dean Snyder Construction Co 401(k) match · 2024
Employer contribution per active participant$2,580
Median for plans this size$2,416
2024$2,580 per active participant
2023$2,174 per active participant
2022$1,895 per active participant

Dean Snyder Construction Co's 2024 employer contribution ran above 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$62,275
WILSHIRE ADVISORS 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 history3
2024$62,275 · 0.34%
2023$39,996 · 0.25%
2022$36,635 · 0.24%
All plans at this employer2
DEAN SNYDER CONSTRUCTION CO. RETIREMENT PLAN401(k)
DEAN SNYDER CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Iowa
Todd & Sargent, Inc. IA$22.0M · 0.32%
Tec-Corp IA$20.5M · 0.43%
K.B.C Group, Inc. IA$20.2M · 0.43%
Story Construction Co. IA$17.2M · 0.22%
Kline Electric, Inc. IA$16.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421308658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.