Plan Ledger DOL Form 5500 · updated monthly

Kooima Company, LLC401(k)

KOOIMA COMPANY, LLC 401(K) PLAN · ROCK VALLEY, IA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Kooima Company, LLC reported $26,568 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,037 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 0.17% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (626th of 878), and 9,718th of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,909,895
Participants with balances117
Active participants162
Employer contributions$167,984
Employee contributions$422,113
Employer contribution per active participant$1,037
Average account balance$67,606
Benefits paid to participants$745,480
Plan auditUnmodified (clean) audit opinion
AuditorHENJES, CONNER AND WILLIAMS
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 117 accts · $168K emplr
2023$7.1M · 117 accts · $191K emplr
2022$5.8M · 115 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,704
Investment management$13,567
Total administrative$26,568
The Kooima Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,037
Median for plans this size$1,313
2024$1,037 per active participant
2023$1,164 per active participant
2022$1,204 per active participant

Kooima Company, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$13,567
THE FINWAY GROUP LLC$5,297

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$26,568 · 0.35%
2023$21,566 · 0.33%
2022$10,143 · 0.17%
Same employer
Similar plansManufacturing · Iowa
Joseph L. Ertl, Inc. IA$9.0M · 0.54%
Palmer Candy Company IA$8.8M · 0.42%
Weems Industries, Inc. IA$8.3M · 0.25%
Interpower Corporation IA$7.7M · 0.28%
Agrisolutions IA$7.6M · 0.49%
Sioux City Foundry Co IA$7.3M · 0.50%
Addoco, Inc. IA$7.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843367778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.