Plan Ledger DOL Form 5500 · updated monthly

Iowa Interstate Railroad LLC401(k)

IOWA INTERSTATE RAILROAD LLC 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Iowa Interstate Railroad LLC reported $118,232 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,634 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 3 years on file its reported administrative ratio has held roughly steady near 0.435%. 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 301st-largest of 878 plans among Iowa employers on file, and the 554th of 2,677 in transportation & warehousing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 223 to 248 since 2022.

Plan summary
Net assets, end of year$30,005,469
Participants with balances301
Active participants248
Employer contributions$901,160
Employee contributions$1,573,274
Employer contribution per active participant$3,634
Average account balance$99,686
Benefits paid to participants$857,605
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL AND MANAGEMENT CONS
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 301 accts · $901K emplr
2023$24.3M · 287 accts · $731K emplr
2022$20.3M · 269 accts · $639K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,648
Investment management$77,584
Total administrative$118,232
The Iowa Interstate Railroad LLC 401(k) match · 2024
Employer contribution per active participant$3,634
Median for plans this size$2,416
2024$3,634 per active participant
2023$3,150 per active participant
2022$2,865 per active participant

Iowa Interstate Railroad 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 · 20243
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$63,297
EMPOWER ADVISORY GROUP, LLC · Investment management$14,287

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$118,232 · 0.44%
2023$95,656 · 0.43%
2022$99,461 · 0.44%
Same employer
Similar plansTransportation & Warehousing · Iowa
Crst Expedited Inc IA$100.6M · 0.36%
10 Roads Express IA$63.0M · 0.29%
Van Wyk, Inc. IA$30.2M · 0.30%
Decker Truck Line, Inc. IA$30.1M · 0.30%
Hodge Company IA$24.5M · 0.58%
Panama Transfer IA$21.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363304791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.