Plan Ledger DOL Form 5500 · updated monthly

K.B.C Group, Inc.401(k)

K.B.C GROUP, INC. 401(K) PROFIT SHARING PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

K.B.C Group, Inc. reported $81,654 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,626 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 0.40% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 398th-largest of 878 plans among Iowa employers on file, and the 2,002nd of 5,337 in construction. In 2024, employees put in $3.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,249,568
Participants with balances126
Active participants104
Employer contributions$273,118
Employee contributions$1,040,901
Employer contribution per active participant$2,626
Average account balance$160,711
Benefits paid to participants$1,124,582
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 126 accts · $273K emplr
2023$17.4M · 129 accts · $276K emplr
2022$14.3M · 120 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,654
Total administrative$81,654
The K.B.C Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$2,416
2024$2,626 per active participant
2023$2,737 per active participant
2022$2,375 per active participant

K.B.C Group, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$81,653
CREATIVE PLANNING, INC. · 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$81,654 · 0.43%
2023$65,814 · 0.42%
2022$63,507 · 0.40%
Same employer
Similar plansConstruction · Iowa
Shaw Electric, Inc. IA$23.0M · 0.26%
United Contractors, Inc. IA$22.8M · 0.14%
Todd & Sargent, Inc. IA$22.0M · 0.32%
Tec-Corp IA$20.5M · 0.43%
Dean Snyder Construction Co IA$19.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420886342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.