Plan Ledger DOL Form 5500 · updated monthly

Honkamp Krueger & Co., P.C.401(k)

HONKAMP KRUEGER & CO 401(K) PROFIT SHARING PLAN AND TRUST · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Honkamp Krueger & Co., P.C. reported $129,708 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,030 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 0.15% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 141st-largest of 878 plans among Iowa employers on file, and the 2,165th of 11,654 in professional & technical services. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 258 to 347 since 2022.

Plan summary
Net assets, end of year$66,332,193
Participants with balances433
Active participants347
Employer contributions$1,051,455
Employee contributions$2,600,111
Employer contribution per active participant$3,030
Average account balance$153,192
Benefits paid to participants$5,797,657
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$66.3M · 433 accts · $1.1M emplr
2023$58.3M · 419 accts · $866K emplr
2022$48.3M · 421 accts · $698K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,448
Audit (IQPA)$10,681
Trustee / custodial$27,619
Total administrative$129,708
The Honkamp Krueger & Co., P.C. 401(k) match · 2024
Employer contribution per active participant$3,030
Median for plans this size$3,635
2024$3,030 per active participant
2023$2,577 per active participant
2022$2,707 per active participant

Honkamp Krueger & Co., P.C.'s 2024 employer contribution ran below the $3,635 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 · 20241
AVANTAX RETIREMENT PLAN SERVCIES · Recordkeeping · Consulting$129,708

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVCIES
2023AVANTAX RETIREMENT PLAN SERVCIES

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

Administrative cost history3
2024$129,708 · 0.21%
2023$93,240 · 0.17%
2022$78,597 · 0.15%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 420946155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.