Plan Ledger DOL Form 5500 · updated monthly

Kinzler Construction Services, Inc.401(k)

KINZLER CONSTRUCTION SERVICES, INC. 401(K) PLAN · ANKENY, IA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Kinzler Construction Services, Inc. reported $77,747 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $0 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 fell from 1.03% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Iowa (563rd of 878), and 3,007th of 5,337 in construction. In 2024, employees put in $14816.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,580,804
Participants with balances346
Active participants298
Employer contributions$101
Employee contributions$1,496,452
Employer contribution per active participant$0
Average account balance$30,580
Benefits paid to participants$742,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 346 accts · $101 emplr
2023$8.5M · 350 accts · $679 emplr
2022$6.5M · 366 accts · $3 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,747
Total administrative$77,747
The Kinzler Construction Services, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2024$0 per active participant
2023$2 per active participant
2022$0 per active participant

Kinzler Construction Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$77,747
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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$77,747 · 0.82%
2023$80,858 · 1.08%
2022$67,138 · 1.03%
All plans at this employer2
KINZLER CONSTRUCTION SERVICES, INC. 401(K) PLAN401(k)
KINZLER EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENTESOP
Same employer
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Woodruff Construction, Inc. IA$13.3M · 0.01%
D. C. Taylor Co. IA$12.5M · 0.19%
Modern Companies, Inc. IA$12.5M · 1.12%
Keen Project Solutions IA$10.2M · 0.61%
Cedar Valley Corp., LLC IA$9.2M · 0.42%
Temco, Inc. IA$9.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421426985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.