Plan Ledger DOL Form 5500 · updated monthly

Hagie Manufacturing Company,L.L.C.401(k)

HAGIE MANUFACTURING COMPANY, L.L.C. RETIREMENT SAVINGS PLAN · CLARION, IA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Hagie Manufacturing Company,L.L.C. reported $134,728 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,004 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 0.40% to 0.42%. 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 263rd-largest of 878 plans among Iowa employers on file, and the 4,100th of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,137,258
Participants with balances357
Active participants262
Employer contributions$787,108
Employee contributions$1,875,853
Employer contribution per active participant$3,004
Average account balance$95,623
Benefits paid to participants$2,599,107
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 357 accts · $787K emplr
2023$30.3M · 376 accts · $827K emplr
2022$25.4M · 387 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,728
Total administrative$134,728
The Hagie Manufacturing Company,L.L.C. 401(k) match · 2024
Employer contribution per active participant$3,004
Median for plans this size$2,416
2024$3,004 per active participant
2023$3,040 per active participant
2022$2,919 per active participant

Hagie Manufacturing Company,L.L.C.'s 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$134,727
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)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$134,728 · 0.42%
2023$112,979 · 0.41%
2022$107,837 · 0.40%
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%
Mi-T-M Corporation IA$31.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421380205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.