Plan Ledger DOL Form 5500 · updated monthly

Eastern Communications LTD, LLC401(k)

RACOM CORPORATION RETIREMENT PLAN · MARSHALLTOWN, IA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Eastern Communications LTD, LLC reported $46,589 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,983 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 0.39% to 0.23%. 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 the 322nd-largest of 878 plans among Iowa employers on file, and the 1,103rd of 5,215 in retail trade. In 2024, employees put in $3.80 for every $1.00 the employer contributed; active participation has grown from 136 to 192 since 2022.

Plan summary
Net assets, end of year$27,912,785
Participants with balances170
Active participants192
Employer contributions$380,691
Employee contributions$1,448,002
Employer contribution per active participant$1,983
Average account balance$164,193
Benefits paid to participants$2,453,685
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 170 accts · $381K emplr
2023$12.1M · 113 accts · $350K emplr
2022$10.1M · 113 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,372
Investment management$1,217
Total administrative$46,589
The Eastern Communications LTD, LLC 401(k) match · 2024
Employer contribution per active participant$1,983
Median for plans this size$2,416
2024$1,983 per active participant
2023$2,108 per active participant
2022$2,329 per active participant

Eastern Communications LTD, LLC'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 · Loan processing$45,372
RITHOLTZ WEALTH · Investment advisory (plan)$1,217
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$46,589 · 0.23%
2023$47,836 · 0.43%
2022$41,962 · 0.39%
Similar plansRetail Trade · Iowa
Spahn & Rose Lumber Co. IA$34.3M · 0.30%
Charles Gabus Ford, Inc. IA$33.9M · 0.47%
Karl Chevrolet, Inc. IA$31.2M · 0.45%
Arnold Motor Supply, LLP IA$28.1M · 0.40%
Sioux City Truck Sales IA$23.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421250382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.