Plan Ledger DOL Form 5500 · updated monthly

Lynch Livestock401(k)

LYNCH LIVESTOCK, INC. 401(K) PROFIT SHARING PLAN · WAUCOMA, IA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Lynch Livestock reported $83,718 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $179 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 427th-largest of 878 plans among Iowa employers on file, and the 272nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.16 for every $1.00 the employer contributed; active participation has grown from 1,245 to 1,413 since 2022.

Plan summary
Net assets, end of year$18,183,689
Participants with balances309
Active participants1,413
Employer contributions$252,305
Employee contributions$1,302,893
Employer contribution per active participant$179
Average account balance$58,847
Benefits paid to participants$966,764
Plan auditUnmodified (clean) audit opinion
AuditorHACKER, NELSON & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 309 accts · $252K emplr
2023$15.9M · 289 accts · $237K emplr
2022$13.6M · 311 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,092
Investment management$42,626
Total administrative$83,718
The Lynch Livestock 401(k) match · 2024
Employer contribution per active participant$179
Median for plans this size$2,416
2024$179 per active participant
2023$183 per active participant
2022$200 per active participant

Lynch Livestock'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,092
FIRST INTERSTATE BANK OF COMMERCE · Investment advisory (plan)$34,985
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,641

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$83,718 · 0.49%
2023$70,673 · 0.48%
2022$69,033 · 0.48%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Trans Ova Genetics L.C. IA$30.5M · 0.35%
Center Fresh Egg Farm LLP IA$29.0M · 0.71%
Stine Seed Farm, Inc. IA$26.2M · 0.42%
Stateline Cooperative IA$20.4M · 0.12%
Pro Cooperative IA$16.1M · 0.12%
United Farmers Cooperative IA$14.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421081789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.