Plan Ledger DOL Form 5500 · updated monthly

Gold-Eagle Cooperative401(k)

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

Reported admin expense ratio · 2024
0.15%

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

Gold-Eagle Cooperative reported $55,123 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,070 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 3 years on file its reported administrative ratio has held roughly steady near 0.148%. 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 the 237th-largest of 878 plans among Iowa employers on file, and the 114th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 253 to 290 since 2022.

Plan summary
Net assets, end of year$39,601,956
Participants with balances416
Active participants290
Employer contributions$600,176
Employee contributions$1,693,729
Employer contribution per active participant$2,070
Average account balance$95,197
Benefits paid to participants$5,854,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 416 accts · $600K emplr
2023$34.7M · 358 accts · $571K emplr
2022$31.0M · 359 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,990
Investment management$17,133
Total administrative$55,123
The Gold-Eagle Cooperative 401(k) match · 2024
Employer contribution per active participant$2,070
Median for plans this size$2,416
2024$2,070 per active participant
2023$2,197 per active participant
2022$2,113 per active participant

Gold-Eagle Cooperative'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 · 20247
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,990
EDELMAN FINANCIAL ENGINES, LLC · Investment advisory (participants)$17,133
ASSOCIATED BENEFITS CORPORATION · Plan administrator$14,000
DST ASSET MANAGER SOLUTIONS, INC. · Custodial (securities)indirect comp
MASSACHUSETTS FINANCIAL SERVICES CO · 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$55,123 · 0.15%
2023$52,171 · 0.16%
2022$52,199 · 0.15%
Similar plansAgriculture, Forestry & Fishing · Iowa
Hy-Line International IA$45.9M · 0.24%
River Valley Cooperative IA$44.3M · 0.13%
Iowa Select Farms, L.L.L.P. IA$40.8M · 0.01%
Innovative AG Services Co. IA$38.1M · 0.13%
Nexus Cooperative IA$31.4M · 0.20%
Agstate IA$31.0M · 0.44%
Key Cooperative IA$30.5M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 420243700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.