Plan Ledger DOL Form 5500 · updated monthly

Featherlite Exiss Sooner Holding401(k)

FEATHERLITE EXISS SOONER 401(K) RETIREMENT PLAN · CRESCO, IA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Featherlite Exiss Sooner Holding reported $185,005 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $413 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 fell from 0.63% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 259th-largest of 878 plans among Iowa employers on file, and the 4,057th of 13,661 in manufacturing. In 2024, employees put in $6.34 for every $1.00 the employer contributed; active participation has shrunk from 616 to 500 since 2022.

Plan summary
Net assets, end of year$34,540,479
Participants with balances972
Active participants500
Employer contributions$206,535
Employee contributions$1,310,058
Employer contribution per active participant$413
Average account balance$35,535
Benefits paid to participants$2,617,209
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 972 accts · $207K emplr
2023$31.7M · 1,023 accts · $321K emplr
2022$28.7M · 949 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,719
Investment management$3,086
Total administrative$185,005
The Featherlite Exiss Sooner Holding 401(k) match · 2024
Employer contribution per active participant$413
Median for plans this size$2,416
2024$413 per active participant
2023$542 per active participant
2022$486 per active participant

Featherlite Exiss Sooner Holding's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$169,505
BERNARD ROBINSON & COMPANY, LLP$15,500
NORTHWESTERN MUTUAL INVESTMENTSERVIindirect comp

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$185,005 · 0.56%
2023$158,206 · 0.52%
2022$200,040 · 0.63%
Same employer
Similar plansManufacturing · Iowa
Dyersville Ready Mix, Inc. IA$37.8M · 0.21%
Marshalltown Company IA$37.1M · 0.42%
Webber Metal Products, Inc. IA$36.1M · 0.25%
Rousselot, Inc. IA$32.4M · 0.04%
Dakota Red Corporation IA$32.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843939042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.