Plan Ledger DOL Form 5500 · updated monthly

Kru LTD. D/B/A Feed Energy Company401(k)

FEED ENERGY COMPANY AND RIVERHEAD RESOURCES, LLC RETIREMENT SAVINGS PLAN · PLEASANT HILL, IA · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Kru LTD. D/B/A Feed Energy Company reported $37,533 in plan administrative expenses for 2023: 0.38% of average plan assets, below the peer median. Employer contributions averaged $6,758 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 0.38% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Iowa (565th of 878), and 316th of 412 in utilities. In 2023, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 109 to 122 since 2022.

Plan summary
Net assets, end of year$10,504,720
Participants with balances132
Active participants122
Employer contributions$824,495
Employee contributions$626,376
Employer contribution per active participant$6,758
Average account balance$79,581
Benefits paid to participants$1,983,773
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 133 accts · $779K emplr
2023$10.5M · 132 accts · $824K emplr
2022$9.0M · 110 accts · $689K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,533
Total administrative$37,533
The Kru LTD. D/B/A Feed Energy Company 401(k) match · 2023
Employer contribution per active participant$6,758
Median for plans this size$1,308
2024$6,333 per active participant
2023$6,758 per active participant
2022$6,321 per active participant

Kru LTD. D/B/A Feed Energy Company's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$37,533
GLOBAL RETIREMENT PARTNERS 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$43,465 · 0.42%
2023$37,533 · 0.38%
2022$37,278 · 0.38%
Similar plansUtilities · Iowa
Bhe Pipeline Group, LLC IA$129.4M · 0.14%
Vexus Fiber, LLC MO$11.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421286316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.