Plan Ledger DOL Form 5500 · updated monthly

Eldon C. Stutsman, Inc.401(k)

ELDON C. STUTSMAN, INC. 401(K) PROFIT SHARING PLAN · NORTH LIBERTY, IA · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Eldon C. Stutsman, Inc. reported $103,462 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,253 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 has held roughly steady near 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 283rd-largest of 878 plans among Iowa employers on file, and the 1,293rd of 4,246 in wholesale trade. In 2023, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,715,453
Participants with balances455
Active participants328
Employer contributions$738,856
Employee contributions$1,222,128
Employer contribution per active participant$2,253
Average account balance$69,704
Benefits paid to participants$1,534,833
Plan auditUnmodified (clean) audit opinion
AuditorBGHN ASSOCIATES, P.C
Plan history2
Yearassets · accounts · employer contribution
2023$31.7M · 455 accts · $739K emplr
2022$24.7M · 486 accts · $737K emplr
Administrative expenses, itemized · 2023
Investment management$103,462
Total administrative$103,462
The Eldon C. Stutsman, Inc. 401(k) match · 2023
Employer contribution per active participant$2,253
Median for plans this size$2,440
2023$2,253 per active participant
2022$2,214 per active participant

Eldon C. Stutsman, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
HILLS BANK AND TRUST COMPANY · Investment advisory (plan)$103,462

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

Administrative cost history2
2023$103,462 · 0.37%
2022$89,046 · 0.38%
Similar plansWholesale Trade · Iowa
Doll Distributing LLC IA$41.3M · 0.29%
Seneca Companies, Inc. IA$37.1M · 0.33%
K.C. Nielsen LTD IA$34.0M · 0.32%
Cascade Lumber Company IA$33.7M · 0.35%
7G Distributing, LLC IA$30.5M · 0.46%
Trioak Foods, LLC IA$29.7M · 0.28%
Excell Marketing, L.C. IA$29.6M · 0.03%
World Class Industries Inc. IA$28.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420988393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.