Plan Ledger DOL Form 5500 · updated monthly

Economy Advertising Company401(k)

ECONOMY ADVERTISING COMPANY SALARY DEFERRAL PLAN · IOWA CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Economy Advertising Company reported $46,111 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,783 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 0.426%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (553rd of 878), and 7,630th of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,199,301
Participants with balances91
Active participants83
Employer contributions$148,008
Employee contributions$277,766
Employer contribution per active participant$1,783
Average account balance$123,069
Benefits paid to participants$887,731
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL AND MANAGEMENT CONS
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 91 accts · $148K emplr
2023$10.4M · 98 accts · $147K emplr
2022$8.6M · 91 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,111
Total administrative$46,111
The Economy Advertising Company 401(k) match · 2024
Employer contribution per active participant$1,783
Median for plans this size$2,416
2024$1,783 per active participant
2023$1,730 per active participant
2022$1,642 per active participant

Economy Advertising Company's 2024 employer contribution ran below 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
HILLS BANK & TRUST COMPANY$46,111

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

Administrative cost history3
2024$46,111 · 0.43%
2023$40,906 · 0.43%
2022$40,503 · 0.43%
Similar plansProfessional & Technical Services · Iowa
Lean Techniques, Inc. IA$14.5M · 0.30%
The Meyocks Group, Inc. IA$14.4M · 0.10%
Continuum Advantage, LLC IA$14.3M · 0.72%
Leepfrog Technologies, Inc. IA$13.9M · 0.07%
Lumos Pharma, Inc. IA$8.6M · 0.01%
Wdc Acquisition LLC IA$8.5M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420229090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.