Plan Ledger DOL Form 5500 · updated monthly

Dewild Grant Reckert & Associates401(k)

DEWILD GRANT RECKERT & ASSOCIATES 401(K) PROFIT SHARING PLAN · ROCK RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Dewild Grant Reckert & Associates reported $244,660 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $22,360 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 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 96th-largest of 878 plans among Iowa employers on file, and the 1,506th of 11,654 in professional & technical services. In 2024, the employer put in $2.02 for every $1.00 employees contributed themselves; active participation has grown from 150 to 181 since 2022.

Plan summary
Net assets, end of year$100,005,008
Participants with balances188
Active participants181
Employer contributions$4,047,199
Employee contributions$2,004,393
Employer contribution per active participant$22,360
Average account balance$531,942
Benefits paid to participants$5,188,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.0M · 188 accts · $4.0M emplr
2023$85.9M · 183 accts · $3.7M emplr
2022$70.9M · 166 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Investment management$244,660
Total administrative$244,660
The Dewild Grant Reckert & Associates 401(k) match · 2024
Employer contribution per active participant$22,360
Median for plans this size$3,635
2024$22,360 per active participant
2023$20,914 per active participant
2022$21,589 per active participant

Dewild Grant Reckert & Associates's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Consulting$226,420
REDHAWK WEALTH ADVISORS · Investment advisory (plan) · Named fiduciary$18,240

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$244,660 · 0.26%
2023$202,979 · 0.26%
2022$208,807 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Iowa
Ita Group, Inc IA$124.2M · 0.27%
Shive-Hattery Group, Inc. IA$107.9M · 0.17%
Its Inc IA$107.4M · 0.23%
Dentons Davis Brown PC IA$77.0M · 0.12%
Honkamp Krueger & Co., P.C. IA$66.3M · 0.21%
Brown Winick Law Firm IA$62.8M · 0.12%
Snyder & Associates, Inc. IA$60.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420895249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.