Plan Ledger DOL Form 5500 · updated monthly

Klinger Companies, L.L.C.401(k)

KLINGER COMPANIES, L.L.C. 401(K) PLAN · SIOUX CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Klinger Companies, L.L.C. reported $250 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,033 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 0.001% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 135th-largest of 878 plans among Iowa employers on file, and the 829th of 5,337 in construction. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 304 to 394 since 2022.

Plan summary
Net assets, end of year$70,267,031
Participants with balances339
Active participants394
Employer contributions$1,983,101
Employee contributions$2,813,118
Employer contribution per active participant$5,033
Average account balance$207,277
Benefits paid to participants$8,017,239
Plan auditUnmodified (clean) audit opinion
AuditorHENJES, CONNER & WILLIAMS PC
Plan history3
Yearassets · accounts · employer contribution
2024$70.3M · 339 accts · $2.0M emplr
2023$65.6M · 328 accts · $1.9M emplr
2022$59.6M · 304 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250
Total administrative$250
The Klinger Companies, L.L.C. 401(k) match · 2024
Employer contribution per active participant$5,033
Median for plans this size$3,635
2024$5,033 per active participant
2023$5,103 per active participant
2022$4,659 per active participant

Klinger Companies, L.L.C.'s 2024 employer contribution ran above the $3,635 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$250
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$250 · 0.00%
2023$555 · 0.00%
2022$400 · 0.00%
Same employer
Similar plansConstruction · Iowa
Harbor Group Inc. IA$141.5M · 0.16%
Manatts, Inc. IA$130.7M · 0.10%
Peterson Contractors, Inc. IA$76.4M · 0.14%
The Rasmussen Group, Inc. IA$46.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882871538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.