Plan Ledger DOL Form 5500 · updated monthly

Logan Contractors Supply, Inc.401(k)

LOGAN CONTRACTORS SUPPLY, INC. 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Logan Contractors Supply, Inc. reported $66,066 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,297 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 0.37% to 0.40%. 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 among the smaller plans on file in Iowa (445th of 878), and 2,146th of 4,246 in wholesale trade. In 2024, employees put in $4.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,154,147
Participants with balances187
Active participants173
Employer contributions$224,392
Employee contributions$1,036,680
Employer contribution per active participant$1,297
Average account balance$91,733
Benefits paid to participants$2,304,124
Plan auditUnmodified (clean) audit opinion
AuditorMARTENS & COMPANY, CPA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 187 accts · $224K emplr
2023$16.0M · 182 accts · $248K emplr
2022$12.7M · 174 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,750
Trustee / custodial$64,316
Total administrative$66,066
The Logan Contractors Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$1,297
Median for plans this size$2,416
2024$1,297 per active participant
2023$1,402 per active participant
2022$1,362 per active participant

Logan Contractors Supply, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$1,750
CITY STATE BANK · Trustee$64,316

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$66,066 · 0.40%
2023$57,129 · 0.40%
2022$51,301 · 0.37%
Same employer
Similar plansWholesale Trade · Iowa
O'Rourke Bros., Inc. IA$18.9M · 0.34%
Loffredo Gardens, Inc. IA$18.0M · 0.06%
Dsi Distributing Inc. IA$17.5M · 0.44%
Ccb Packaging, Inc. IA$15.9M · 0.66%
Arona Corporation IA$14.9M · 0.38%
Mahaska Bottling Company IA$14.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421346050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.