Plan Ledger DOL Form 5500 · updated monthly

Housby Mack, Inc.401(k)

THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Housby Mack, Inc. reported $105,190 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,864 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 0.85% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Iowa (540th of 878), and 2,654th of 4,246 in wholesale trade. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 206 to 252 since 2022.

Plan summary
Net assets, end of year$12,213,736
Participants with balances266
Active participants252
Employer contributions$469,653
Employee contributions$1,150,797
Employer contribution per active participant$1,864
Average account balance$45,916
Benefits paid to participants$1,229,373
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $445K emplr
2024$12.2M · 266 accts · $470K emplr
2023$10.4M · 254 accts · $376K emplr
2022$7.9M · 220 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,544
Investment management$48,646
Total administrative$105,190
The Housby Mack, Inc. 401(k) match · 2024
Employer contribution per active participant$1,864
Median for plans this size$2,416
2024$1,864 per active participant
2023$1,581 per active participant
2022$1,748 per active participant

Housby Mack, Inc.'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 · 20245
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$38,804
THE FINWAY GROUP · Contract administrator$33,209
SKIBBIE CPA, INC. · Accounting / audit$7,500
WORLD INVESTMENT ADVISORS$5,619

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

Administrative cost history4
2025Not separately reported
2024$105,190 · 0.93%
2023$77,147 · 0.85%
2022$68,489 · 0.85%
Same employer
Similar plansWholesale Trade · Iowa
S.J. Smith Co., Inc. IA$13.8M · 0.43%
Bancroft Implement, Inc. IA$13.8M · 0.36%
Sadler Power Train, Inc. IA$13.7M · 0.35%
Molo Petroleum, LLC IA$10.0M · 0.52%
Doors Incorporated IA$8.9M · 0.00%
Pigott Inc IA$8.4M · 0.13%
Molo Oil Company IA$8.3M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 420947935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.