Plan Ledger DOL Form 5500 · updated monthly

Iowa Limestone Company dba Ilc Resources401(k)

IOWA LIMESTONE COMPANY PROFIT SHARING PLAN · URBANDALE, IA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Iowa Limestone Company dba Ilc Resources reported $54,168 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $9,758 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 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 347th-largest of 878 plans among Iowa employers on file, and the 274th of 612 in mining, oil & gas extraction. In 2024, the employer put in $2.86 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$24,762,783
Participants with balances183
Active participants168
Employer contributions$1,639,277
Employee contributions$574,166
Employer contribution per active participant$9,758
Average account balance$135,316
Benefits paid to participants$2,759,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 183 accts · $1.6M emplr
2023$22.8M · 175 accts · $1.5M emplr
2022$20.4M · 156 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,168
Total administrative$54,168
The Iowa Limestone Company dba Ilc Resources 401(k) match · 2024
Employer contribution per active participant$9,758
Median for plans this size$2,416
2024$9,758 per active participant
2023$8,955 per active participant
2022$8,798 per active participant

Iowa Limestone Company dba Ilc Resources's 2024 employer contribution ran above the $2,416 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.

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 · 20246
NEWPORT GROUP, INC. · Recordkeeping · Pension consulting$19,856
NEWPORT GROUP, INC. · Recordkeeping · Pension consulting$18,159
NEWPORT GROUP, INC. · Recordkeeping · Pension consulting$520
BISON WEALTH · Investment advisory (plan)$29,778
NATIONWIDE · Custodial (securities) · Investment advisory (plan)$29,630
NATIONWIDE · Custodial (securities) · Investment advisory (plan)$1,041

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$54,168 · 0.23%
2023$47,464 · 0.22%
2022$45,333 · 0.21%
Same employer
Similar plansMining, Oil & Gas Extraction · Iowa
Riverstone Group Inc. IA$60.8M · 0.00%
Bmc Aggregates L.C. IA$11.0M · 0.05%
Calcium Products Inc. IA$6.8M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420332760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.