Plan Ledger DOL Form 5500 · updated monthly

Five Star Cooperative401(k)

THE RESTATED THRIFT/PROFIT SHARING PLAN FOR COOPERATIVES · NEW HAMPTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.15%

Five Star Cooperative reported $19,226 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. 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 0.146%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Iowa (509th of 878), and the 355th of 945 in agriculture, forestry & fishing. active participation has grown from 159 to 182 since 2022.

Plan summary
Net assets, end of year$14,021,548
Participants with balances211
Active participants182
Employer contributions—
Employee contributions$722,033
Employer contribution per active participant—
Average account balance$66,453
Benefits paid to participants$478,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 211 accts
2023$12.3M · 203 accts
2022$10.3M · 198 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,798
Investment management$5,428
Total administrative$19,226
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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,198
EDELMAN FINANCIAL ENGINES, LLC · Investment advisory (participants)$5,428
MASSACHUSETTS FINANCIAL SERVICES CO · Custodial (securities)indirect comp
DST ASSET MANAGER SOLUTIONS, INC. · Custodial (securities)indirect comp
WELLINGTON TRUST CO., NA · Custodial (securities)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect 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$19,226 · 0.15%
2023$17,564 · 0.16%
2022$17,352 · 0.15%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
United Farmers Cooperative IA$14.4M · 0.17%
Farmers Win Cooperative IA$13.5M · 0.11%
Mid Iowa Coop IA$12.5M · 0.11%
Lloyd, Inc. IA$11.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420179380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.