Plan Ledger DOL Form 5500 · updated monthly

Joseph L. Ertl, Inc.401(k)

DYERSVILLE DIE CAST 401(K) PLAN AND TRUST · DYERSVILLE, IA · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Joseph L. Ertl, Inc. reported $47,213 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,190 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 has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (601st of 878), and 9,246th of 13,661 in manufacturing. In 2023, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,961,819
Participants with balances96
Active participants157
Employer contributions$186,866
Employee contributions$410,670
Employer contribution per active participant$1,190
Average account balance$93,352
Benefits paid to participants$1,386,282
Plan auditUnmodified (clean) audit opinion
AuditorO'CONNOR BROOKS & CO, PC
Plan history2
Yearassets · accounts · employer contribution
2023$9.0M · 96 accts · $187K emplr
2022$8.5M · 102 accts · $201K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,237
Investment management$24,077
Trustee / custodial$4,809
Total administrative$47,213
The Joseph L. Ertl, Inc. 401(k) match · 2023
Employer contribution per active participant$1,190
Median for plans this size$1,308
2023$1,190 per active participant
2022$1,161 per active participant

Joseph L. Ertl, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$47,213

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

Administrative cost history2
2023$47,213 · 0.54%
2022$50,108 · 0.53%
Similar plansManufacturing · Iowa
Sigler Companies Inc IA$9.4M · 0.56%
Palmer Candy Company IA$8.8M · 0.42%
Weems Industries, Inc. IA$8.3M · 0.25%
Kooima Company, LLC IA$7.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420953910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.