Plan Ledger DOL Form 5500 · updated monthly

Professional Office Services, Inc.401(k)

PROFESSIONAL OFFICE SERVICES, INC. 401(K) PLAN · WATERLOO, IA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Professional Office Services, Inc. reported $5,325 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,754 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 0.008% to 0.010%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 177th-largest of 878 plans among Iowa employers on file, and the 2,969th of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,278,734
Participants with balances301
Active participants237
Employer contributions$1,126,659
Employee contributions$1,551,796
Employer contribution per active participant$4,754
Average account balance$180,328
Benefits paid to participants$4,214,749
Plan auditUnmodified (clean) audit opinion
AuditorMAUREEN PRUISNER CPA, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$54.3M · 301 accts · $1.1M emplr
2023$49.6M · 311 accts · $1.2M emplr
2022$42.5M · 305 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,325
Total administrative$5,325
The Professional Office Services, Inc. 401(k) match · 2024
Employer contribution per active participant$4,754
Median for plans this size$3,635
2024$4,754 per active participant
2023$5,000 per active participant
2022$4,861 per active participant

Professional Office Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$5,325
CAPFINANCIAL PARTNERS 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$5,325 · 0.01%
2023$4,242 · 0.01%
2022$3,802 · 0.01%
Same employer
Similar plansManufacturing · Iowa
Frontier Cooperative IA$64.0M · 0.24%
Siegwerk USA Inc. IA$58.6M · 0.21%
Future Foam, Inc. IA$58.1M · 0.12%
Van Diest Supply Co IA$54.0M · 0.23%
Siegwerk USA Co. IA$53.8M · 0.21%
West Liberty Foods, L.L.C. IA$53.6M · 0.59%
Croell, Inc. IA$50.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420956287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.