Plan Ledger DOL Form 5500 · updated monthly

Deco Products Company Lllp401(k)

DECO PRODUCTS 401(K) PLAN · DECORAH, IA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Deco Products Company Lllp reported $42,770 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,555 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 0.06% to 0.22%. 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 382nd-largest of 878 plans among Iowa employers on file, and the 5,755th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 180 to 157 since 2022.

Plan summary
Net assets, end of year$20,930,749
Participants with balances200
Active participants157
Employer contributions$401,207
Employee contributions$842,797
Employer contribution per active participant$2,555
Average account balance$104,654
Benefits paid to participants$1,083,709
Plan auditUnmodified (clean) audit opinion
AuditorHACKER NELSON & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 200 accts · $401K emplr
2023$18.7M · 214 accts · $407K emplr
2022$16.5M · 228 accts · $442K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,770
Total administrative$42,770
The Deco Products Company Lllp 401(k) match · 2024
Employer contribution per active participant$2,555
Median for plans this size$2,416
2024$2,555 per active participant
2023$2,543 per active participant
2022$2,457 per active participant

Deco Products Company Lllp'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$42,769

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$42,770 · 0.22%
2023$10,534 · 0.06%
2022$10,745 · 0.06%
Same employer
Similar plansManufacturing · Iowa
Moveero, Inc. IA$25.3M · 0.08%
Midwest Industries, Inc. IA$22.9M · 0.35%
Farmers Cooperative Society IA$22.3M · 0.41%
The Wittern Group IA$20.9M · 0.29%
Zip's Truck Equipment, Inc. IA$20.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410833515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.