Plan Ledger DOL Form 5500 · updated monthly

Interstates, Inc.Profit-sharing plan

THE CONTRACTORS RETIREMENT PLAN · SIOUX CENTER, IA · plan year 2024

Employer contribution per participant · 2024
$5,583

Interstates, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,532,732 across 177 participant accounts, with employer contributions averaging $5,583 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Iowa (828th of 878), and 4,958th of 5,337 in construction.

Plan summary
Net assets, end of year$1,532,732
Participants with balances177
Active participants147
Employer contributions$820,694
Employee contributions—
Employer contribution per active participant$5,583
Average account balance$8,660
Benefits paid to participants$74,968
Employer contributions to the Interstates, Inc. plan · 2024
Employer contribution per active participant$5,583
Median for plans this size$1,313

Interstates, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Similar plansConstruction · Iowa
Larson Construction IA$2.9M · 1.06%
Ankeny Glass IA$1.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420932098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.