Plan Ledger DOL Form 5500 · updated monthly

Hodge Company401(k)

HODGE COMPANY EMPLOYEE RETIREMENT SAVINGS PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Hodge Company reported $130,534 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $551 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 0.49% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 349th-largest of 878 plans among Iowa employers on file, and the 637th of 2,677 in transportation & warehousing. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,506,987
Participants with balances483
Active participants750
Employer contributions$413,390
Employee contributions$1,360,541
Employer contribution per active participant$551
Average account balance$50,739
Benefits paid to participants$1,558,475
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 483 accts · $413K emplr
2023$20.9M · 442 accts · $414K emplr
2022$17.2M · 405 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,222
Investment management$44,557
Trustee / custodial$9
Total administrative$130,534
The Hodge Company 401(k) match · 2024
Employer contribution per active participant$551
Median for plans this size$2,416
2024$551 per active participant
2023$496 per active participant
2022$435 per active participant

Hodge Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
JULY BUSINESS SERVICES · Recordkeeping$68,222
DUBUQUE BANK & TRUST COMPANY · Recordkeeping · Trustee$44,557

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

Recordkeeper by year2
2024DUBUQUE BANK & TRUST COMPANY, July Business Services
2023DUBUQUE BANK & TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left Hodge Company 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$130,534 · 0.58%
2023$104,692 · 0.55%
2022$95,724 · 0.49%
Same employer
Similar plansTransportation & Warehousing · Iowa
Van Wyk, Inc. IA$30.2M · 0.30%
Decker Truck Line, Inc. IA$30.1M · 0.30%
Panama Transfer IA$21.8M · 0.58%
Schuster Co Inc IA$15.3M · 0.55%
Nor-Am, Inc. IA$13.9M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420845793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.