Plan Ledger DOL Form 5500 · updated monthly

Deer Management Systems LLC401(k)

DEER MANAGEMENT SYSTEMS RETIREMENT PLAN · DECORAH, IA · plan year 2024

Reported admin expense ratio · 2024
1.54%

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

Deer Management Systems LLC reported $40,110 in plan administrative expenses for 2024: 1.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $895 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Iowa (744th of 878), and 4,147th of 5,215 in retail trade. In 2024, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,701,227
Participants with balances336
Active participants392
Employer contributions$350,918
Employee contributions$1,427,612
Employer contribution per active participant$895
Average account balance$11,016
Benefits paid to participants$342,894
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK & ROBINSON CPA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,389
Investment management$8,721
Total administrative$40,110
The Deer Management Systems LLC 401(k) match · 2024
Employer contribution per active participant$895
Median for plans this size$1,313

Deer Management Systems LLC's 2024 employer contribution ran below the $1,313 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 · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,791
JOHN HANCOCK LIFE INS. CO. (U.S.A.) · Recordkeeping · Investment management$1,008
EDWARD D JONES & CO., L.P. · Investment advisory (participants) · Consulting$8,386

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

Administrative cost history1
2024$40,110 · 1.54%
Same employer
Similar plansRetail Trade · Iowa
Community Motor Co., Inc. IA$5.9M · 0.09%
Vaughn Chevrolet, Inc. IA$4.5M · 0.01%
Hummel Brothers, Inc. IA$4.2M · 0.52%
Pat Clemons Inc IA$3.5M · 0.81%
Rueter & Zenor Company IA$3.0M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844799525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.