Plan Ledger DOL Form 5500 · updated monthly

O'Rourke Bros., Inc.401(k)

O'ROURKE BROS., INC. 401(K) PROFIT SHARING PLAN · DAVENPORT, IA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

O'Rourke Bros., Inc. reported $60,514 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,232 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 0.34%. 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 the 417th-largest of 878 plans among Iowa employers on file, and the 1,991st of 4,246 in wholesale trade. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 90 to 103 since 2022.

Plan summary
Net assets, end of year$18,887,945
Participants with balances125
Active participants103
Employer contributions$229,923
Employee contributions$764,391
Employer contribution per active participant$2,232
Average account balance$151,104
Benefits paid to participants$1,580,068
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON LOWER WHITLOW
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 125 accts · $230K emplr
2023$16.7M · 119 accts · $239K emplr
2022$14.5M · 114 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,514
Total administrative$60,514
The O'Rourke Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$2,232
Median for plans this size$2,416
2024$2,232 per active participant
2023$2,627 per active participant
2022$2,177 per active participant

O'Rourke Bros., Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$60,514
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS 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$60,514 · 0.34%
2023$52,878 · 0.34%
2022$55,965 · 0.35%
Same employer
Similar plansWholesale Trade · Iowa
Igd Industries, Inc. IA$20.5M · 0.42%
Loffredo Gardens, Inc. IA$18.0M · 0.06%
Dsi Distributing Inc. IA$17.5M · 0.44%
Ccb Packaging, Inc. IA$15.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421039137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.