Plan Ledger DOL Form 5500 · updated monthly

Eichelberger Farms, Inc.401(k)

EICHELBERGER FARMS, INC. 401(K) PLAN · WAYLAND, IA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Eichelberger Farms, Inc. reported $42,341 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,099 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 2 years on file its reported administrative ratio rose from 0.53% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Iowa (619th of 878), and 515th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 170 to 198 since 2022.

Plan summary
Net assets, end of year$8,122,632
Participants with balances206
Active participants198
Employer contributions$415,680
Employee contributions$589,295
Employer contribution per active participant$2,099
Average account balance$39,430
Benefits paid to participants$1,017,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 206 accts · $416K emplr
2023$7.1M · 188 accts · $335K emplr
2022$6.0M · 164 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,341
Total administrative$42,341
The Eichelberger Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$2,099
Median for plans this size$1,313
2024$2,099 per active participant
2023$1,794 per active participant
2022$1,785 per active participant

Eichelberger Farms, Inc.'s 2024 employer contribution ran above 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$30,075
THE RETIREMENT ADVANTAGE, INC. · Recordkeeping · Loan processing$3,125
ACCEL WEALTH MANAGEMENT LLC · Investment advisory (plan)$6,915

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

Recordkeeper by year2
2024THE RETIREMENT ADVANTAGE, INC., Transamerica
2023THE RETIREMENT ADVANTAGE, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,341 · 0.56%
2023$37,312 · 0.57%
2022$33,043 · 0.53%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Mid Iowa Coop IA$12.5M · 0.11%
Lloyd, Inc. IA$11.0M · 0.41%
Farm Service Cooperative IA$10.3M · 0.13%
Country Landscapes, Inc. IA$9.4M · 0.55%
Farmers Co-Op Association IA$5.3M · 0.45%
Oak View Farms, L.L.C. IA$4.9M · 0.18%
Farmers Edge Inc. IA$3.5M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391870144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.