Plan Ledger DOL Form 5500 · updated monthly

Sadler Power Train, Inc.401(k)

SADLER POWER TRAIN, INC. RETIREMENT AND 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2025

Reported admin expense ratio · 2025
0.35%

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

Sadler Power Train, Inc. reported $45,047 in plan administrative expenses for 2025: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,768 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 fell from 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Iowa (519th of 878), and 2,504th of 4,246 in wholesale trade. In 2025, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,651,258
Participants with balances132
Active participants117
Employer contributions$323,894
Employee contributions$755,673
Employer contribution per active participant$2,768
Average account balance$103,419
Benefits paid to participants$1,413,167
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$13.7M · 132 accts · $324K emplr
2024$12.2M · 124 accts · $325K emplr
2023$12.5M · 125 accts · $338K emplr
2022$10.1M · 126 accts · $300K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$45,047
Total administrative$45,047
The Sadler Power Train, Inc. 401(k) match · 2025
Employer contribution per active participant$2,768
Median for plans this size$2,666
2025$2,768 per active participant
2024$3,129 per active participant
2023$3,278 per active participant
2022$2,781 per active participant

Sadler Power Train, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,046
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 history4
2025$45,047 · 0.35%
2024$48,629 · 0.39%
2023$44,357 · 0.39%
2022$39,732 · 0.39%
Similar plansWholesale Trade · Iowa
Mahaska Bottling Company IA$14.5M · 0.31%
Capital City Fruit, Inc. IA$14.1M · 0.35%
S.J. Smith Co., Inc. IA$13.8M · 0.43%
Bancroft Implement, Inc. IA$13.8M · 0.36%
Housby Mack, Inc. IA$12.2M · 0.93%
Molo Petroleum, LLC IA$10.0M · 0.52%
Doors Incorporated IA$8.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421034714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.