Plan Ledger DOL Form 5500 · updated monthly

Decook Excavating, Inc.401(k)

DECOOK COMPANIES 401(K) RETIREMENT PLAN · BYRON, MN · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Decook Excavating, Inc. reported $12,621 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,404 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 1 year on file its reported administrative ratio fell from 0.54% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,723rd of 1,918), and 4,528th of 5,337 in construction. In 2023, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 129 to 144 since 2022.

Plan summary
Net assets, end of year$3,012,139
Participants with balances151
Active participants144
Employer contributions$202,150
Employee contributions$337,726
Employer contribution per active participant$1,404
Average account balance$19,948
Benefits paid to participants$191,204
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SCHAFER & ASSOCIATES, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $25K emplr
2023$3.0M · 151 accts · $202K emplr
2022$2.2M · 144 accts · $161K emplr
Administrative expenses, itemized · 2023
Investment management$12,621
Total administrative$12,621
The Decook Excavating, Inc. 401(k) match · 2023
Employer contribution per active participant$1,404
Median for plans this size$1,308
2023$1,404 per active participant
2022$1,245 per active participant

Decook Excavating, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE · Recordkeeping$11,394

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

Administrative cost history3
2024Not separately reported
2023$12,621 · 0.49%
2022$11,482 · 0.54%
Same employer
Similar plansConstruction · Minnesota
Horizon Roofing, Inc. MN$3.5M · 0.01%
Phase Electric MN$1.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200904484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.