Plan Ledger DOL Form 5500 · updated monthly

Geiger Ready-Mix Co., Inc.401(k)

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN · SHAWNEE MISSION, KS · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Geiger Ready-Mix Co., Inc. reported $74,482 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,402 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 0.38% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 255th-largest of 828 plans among Kansas employers on file, and the 1,769th of 5,337 in construction. In 2024, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,412,509
Participants with balances282
Active participants224
Employer contributions$313,943
Employee contributions$1,085,534
Employer contribution per active participant$1,402
Average account balance$86,569
Benefits paid to participants$2,374,472
Plan auditUnmodified (clean) audit opinion
AuditorMIZE CPAS INC.
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 282 accts · $314K emplr
2023$22.2M · 287 accts · $519K emplr
2022$19.2M · 283 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,482
Total administrative$74,482
The Geiger Ready-Mix Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,402
Median for plans this size$2,416
2024$1,402 per active participant
2023$2,404 per active participant
2022$2,469 per active participant

Geiger Ready-Mix Co., Inc.'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 · 20244
TFB ADVISORS, LLC · Recordkeeping$64,035
NATIONWIDE · Recordkeeping$1,141
TAX FAVORED BENEFITS, INC. · Contract administrator$16,005
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$4,744

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

Recordkeeper by year2
2024Nationwide, TFB ADVISORS, LLC
2023Ameritas, Nationwide

This plan has changed recordkeepers within these filings. If you left Geiger Ready-Mix Co., Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,482 · 0.32%
2023$87,054 · 0.42%
2022$83,145 · 0.38%
Same employer
Similar plansConstruction · Kansas
P1 Group KS$33.6M · 0.38%
Hutton Corporation KS$25.0M · 0.43%
Key Construction, Inc. KS$18.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480794640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.