Plan Ledger DOL Form 5500 · updated monthly

Guttenberg Industries, Inc.401(k)

GUTTENBERG INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · GARNAVILLO, IA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Guttenberg Industries, Inc. reported $49,270 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $2,117 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 rose from 0.41% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (609th of 878), and 9,404th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 102 to 86 since 2022.

Plan summary
Net assets, end of year$8,587,305
Participants with balances96
Active participants86
Employer contributions$182,058
Employee contributions$382,569
Employer contribution per active participant$2,117
Average account balance$89,451
Benefits paid to participants$341,994
Plan auditUnmodified (clean) audit opinion
AuditorHACKER, NELSON & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 96 accts · $182K emplr
2023$7.4M · 106 accts · $190K emplr
2022$6.3M · 123 accts · $187K emplr
The Guttenberg Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,117
Median for plans this size$1,313
2024$2,117 per active participant
2023$2,110 per active participant
2022$1,836 per active participant

Guttenberg Industries, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
AMERICAN TRUST COMPANY · Recordkeeping · Consulting$33,166
DECORAH BANK & TRUST, CO · Consulting · Investment advisory (participants)$16,104

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,270 · 0.62%
2023$50,578 · 0.74%
2022$29,412 · 0.41%
Same employer
Similar plansManufacturing · Iowa
Joseph L. Ertl, Inc. IA$9.0M · 0.54%
Palmer Candy Company IA$8.8M · 0.42%
Weems Industries, Inc. IA$8.3M · 0.25%
Kooima Company, LLC IA$7.9M · 0.35%
Interpower Corporation IA$7.7M · 0.28%
Agrisolutions IA$7.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421028913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.