Plan Ledger DOL Form 5500 · updated monthly

Mail Services, LLC401(k)

MAIL SERVICES, LLC 401(K) RETIREMENT PLAN · URBANDALE, IA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Mail Services, LLC reported $57,509 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $813 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 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Iowa (617th of 878), and the 1,124th of 2,534 in administrative & support services. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,213,633
Participants with balances140
Active participants213
Employer contributions$173,099
Employee contributions$455,953
Employer contribution per active participant$813
Average account balance$58,669
Benefits paid to participants$439,943
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 140 accts · $173K emplr
2023$7.0M · 144 accts · $176K emplr
2022$5.6M · 138 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,509
Total administrative$57,509
The Mail Services, LLC 401(k) match · 2024
Employer contribution per active participant$813
Median for plans this size$1,313
2024$813 per active participant
2023$745 per active participant
2022$675 per active participant

Mail Services, 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
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$30,623
THE FINWAY GROUP LLC · Contract administrator$8,856

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$57,509 · 0.75%
2023$45,979 · 0.73%
2022$44,839 · 0.74%
Same employer
Similar plansAdministrative & Support Services · Iowa
Abbe, Inc IA$16.9M · 0.53%
Cbe Companies, Inc. IA$16.0M · 0.53%
Limolink, Inc. IA$10.3M · 0.73%
R.J. Personnel, Inc. IA$4.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208732530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.