Plan Ledger DOL Form 5500 · updated monthly

K.C. Nielsen LTD401(k)

K.C. NIELSEN LTD 401K PROFIT SHARING PLAN · HUMBOLDT, IA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

K.C. Nielsen LTD reported $102,050 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,564 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 0.29% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 264th-largest of 878 plans among Iowa employers on file, and the 1,206th of 4,246 in wholesale trade. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 199 to 224 since 2022.

Plan summary
Net assets, end of year$34,039,108
Participants with balances236
Active participants224
Employer contributions$574,415
Employee contributions$1,305,881
Employer contribution per active participant$2,564
Average account balance$144,234
Benefits paid to participants$2,725,291
Plan auditUnmodified (clean) audit opinion
AuditorT.P. ANDERSON & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 236 accts · $574K emplr
2023$29.4M · 223 accts · $536K emplr
2022$23.4M · 215 accts · $501K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,550
Total administrative$102,050
The K.C. Nielsen LTD 401(k) match · 2024
Employer contribution per active participant$2,564
Median for plans this size$2,416
2024$2,564 per active participant
2023$2,613 per active participant
2022$2,518 per active participant

K.C. Nielsen LTD'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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$9,028
QUALIFIED PLAN CONSULTANTS, LLC · Pension consulting$3,500

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$102,050 · 0.32%
2023$84,472 · 0.32%
2022$79,613 · 0.29%
Same employer
Similar plansWholesale Trade · Iowa
Bossard U.S. Holdings, Inc. IA$42.1M · 0.37%
Schimberg Co. IA$41.8M · 0.22%
Doll Distributing LLC IA$41.3M · 0.29%
Seneca Companies, Inc. IA$37.1M · 0.33%
Cascade Lumber Company IA$33.7M · 0.35%
Eldon C. Stutsman, Inc. IA$31.7M · 0.37%
7G Distributing, LLC IA$30.5M · 0.46%
Trioak Foods, LLC IA$29.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420890818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.