Plan Ledger DOL Form 5500 · updated monthly

Overland Sheepskin Co., Inc.401(k)

OVERLAND SHEEPSKIN CO. 401(K) PLAN · FAIRFIELD, IA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Overland Sheepskin Co., Inc. reported $4,025 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,962 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 fell from 0.21% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Iowa (511th of 878), and the 2,016th of 5,215 in retail trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 186 to 212 since 2022.

Plan summary
Net assets, end of year$13,983,898
Participants with balances180
Active participants212
Employer contributions$416,008
Employee contributions$786,205
Employer contribution per active participant$1,962
Average account balance$77,688
Benefits paid to participants$1,569,417
Plan auditDisclaimer of opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 180 accts · $416K emplr
2023$12.8M · 178 accts · $384K emplr
2022$10.3M · 166 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,025
Total administrative$4,025
The Overland Sheepskin Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,962
Median for plans this size$2,416
2024$1,962 per active participant
2023$1,678 per active participant
2022$1,872 per active participant

Overland Sheepskin Co., 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$4,025

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$4,025 · 0.03%
2023$4,025 · 0.03%
2022$20,362 · 0.21%
Same employer
Similar plansRetail Trade · Iowa
West Music Co., Inc. IA$16.7M · 0.45%
Bob Brown Chevrolet, Inc. IA$16.6M · 0.41%
Beisser's, Inc. IA$16.5M · 0.55%
Dan Deery Motor Co. IA$15.9M · 0.30%
Pritchard Auto Company IA$11.6M · 0.43%
Qsc, LLC IA$10.9M · 0.33%
Elliott Oil Company IA$9.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850256065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.