Plan Ledger DOL Form 5500 · updated monthly

Discovery Living, Inc.401(k)

DISCOVERY LIVING, INC. 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2025

Reported admin expense ratio · 2025
0.29%

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

Discovery Living, Inc. reported $11,597 in plan administrative expenses for 2025: 0.29% of average plan assets, below the peer median. Employer contributions averaged $454 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 rose from 0.16% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (717th of 878), and 8,198th of 11,911 in health care & social assistance. In 2025, employees put in $4.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,532,687
Participants with balances140
Active participants208
Employer contributions$94,469
Employee contributions$419,562
Employer contribution per active participant$454
Average account balance$32,376
Benefits paid to participants$173,286
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.5M · 140 accts · $94K emplr
2024$3.5M · 122 accts · $114K emplr
2023$2.7M · 126 accts · $111K emplr
2022$2.1M · 117 accts · $131K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,979
Investment management$8,618
Total administrative$11,597
The Discovery Living, Inc. 401(k) match · 2025
Employer contribution per active participant$454
Median for plans this size$1,464
2025$454 per active participant
2024$580 per active participant
2023$540 per active participant
2022$663 per active participant

Discovery Living, Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STEELE CAPITAL MANAGEMENT, INC. · Investment advisory (participants) · Investment advisory (plan)$8,618

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

Administrative cost history4
2025$11,597 · 0.29%
2024$8,160 · 0.26%
2023$3,533 · 0.15%
2022$3,318 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Good Neighbor Society IA$4.9M · 0.96%
New Choices, Inc. IA$4.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421082773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.