Plan Ledger DOL Form 5500 · updated monthly

Involta, LLC401(k)

INVOLTA, LLC 401(K) RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Involta, LLC reported $6,850 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,009 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 361st-largest of 878 plans among Iowa employers on file, and the 5,039th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 220 to 187 since 2022.

Plan summary
Net assets, end of year$23,095,452
Participants with balances232
Active participants187
Employer contributions$749,643
Employee contributions$1,640,944
Employer contribution per active participant$4,009
Average account balance$99,549
Benefits paid to participants$4,909,358
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL AND MANAGEMENT CONS
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 232 accts · $750K emplr
2023$21.5M · 258 accts · $804K emplr
2022$17.3M · 236 accts · $727K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,650
Total administrative$6,850
The Involta, LLC 401(k) match · 2024
Employer contribution per active participant$4,009
Median for plans this size$2,416
2024$4,009 per active participant
2023$3,321 per active participant
2022$3,306 per active participant

Involta, LLC'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
EXECUTIVE BENEFIT SERVICES INC · Other servicesindirect comp
MORNINGSTAR · 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$6,850 · 0.03%
2023$5,275 · 0.03%
2022$3,415 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Iowa
Strategic America, Inc. IA$27.1M · 0.30%
Distek Integration, Inc. IA$23.7M · 0.28%
Iowa Donor Network IA$23.6M · 0.09%
Whks & Co IA$23.6M · 0.00%
Mechdyne Corporation IA$22.2M · 0.33%
Benchmark, Inc. IA$21.4M · 0.08%
Bsb Design, Inc. IA$21.4M · 0.49%
Mudd, Inc. IA$19.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260610499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.