Plan Ledger DOL Form 5500 · updated monthly

Pattison Sand Company, L.L.C.401(k)

PATTISON SAND COMPANY, L.L.C. 401(K) PROFIT SHARING PLAN · GARNAVILLO, IA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Pattison Sand Company, L.L.C. reported $46,820 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,731 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 0.45% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (583rd of 878), and the 1,168th of 2,677 in transportation & warehousing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,916,154
Participants with balances219
Active participants158
Employer contributions$431,511
Employee contributions$639,302
Employer contribution per active participant$2,731
Average account balance$45,279
Benefits paid to participants$1,337,747
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 219 accts · $432K emplr
2023$8.8M · 202 accts · $423K emplr
2022$6.9M · 194 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,433
Investment management$14,712
Total administrative$46,820
The Pattison Sand Company, L.L.C. 401(k) match · 2024
Employer contribution per active participant$2,731
Median for plans this size$1,313
2024$2,731 per active participant
2023$2,678 per active participant
2022$2,433 per active participant

Pattison Sand Company, L.L.C.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
JOHN HANCOCK · Recordkeeping · Investment management$3,416
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)$14,712
ACCEL WEALTH MANAGEMENT LLC · Investment advisory (plan)$14,173

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

Recordkeeper by year2
2024John Hancock
2023EPIC RPS

This plan has changed recordkeepers within these filings. If you left Pattison Sand Company, L.L.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,820 · 0.50%
2023$36,021 · 0.46%
2022$32,757 · 0.45%
Same employer
Similar plansTransportation & Warehousing · Iowa
Nor-Am, Inc. IA$13.9M · 0.94%
Heyl Truck Lines Inc. IA$10.7M · 0.30%
Windstar Lines, Inc. IA$7.0M · 0.39%
Harrison Corporation IA$6.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260130847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.