Plan Ledger DOL Form 5500 · updated monthly

Sand Creek Post & Beam, Inc401(k)

SAND CREEK 401(K) PROFIT SHARING PLAN · WAYNE, NE · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Sand Creek Post & Beam, Inc reported $39,824 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,405 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 0.61% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nebraska (377th of 565), and 3,192nd of 5,337 in construction. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has shrunk from 186 to 167 since 2022.

Plan summary
Net assets, end of year$9,350,856
Participants with balances143
Active participants167
Employer contributions$401,648
Employee contributions$660,741
Employer contribution per active participant$2,405
Average account balance$65,391
Benefits paid to participants$438,199
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 143 accts · $402K emplr
2023$7.6M · 148 accts · $391K emplr
2022$6.0M · 145 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,627
Investment management$23,063
Trustee / custodial$12,134
Total administrative$39,824
The Sand Creek Post & Beam, Inc 401(k) match · 2024
Employer contribution per active participant$2,405
Median for plans this size$1,313
2024$2,405 per active participant
2023$2,045 per active participant
2022$1,833 per active participant

Sand Creek Post & Beam, Inc'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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$16,760
RENAISSANCE FINANCIAL CORPORATION · Investment advisory (plan)$23,064

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$39,824 · 0.47%
2023$42,870 · 0.63%
2022$36,701 · 0.61%
Same employer
Similar plansConstruction · Nebraska
Americas Fence Store Inc. NE$12.4M · 0.48%
Aoi Corporation NE$9.7M · 0.24%
Heimes Corp. NE$9.0M · 0.51%
Bauer Underground, Inc. NE$7.2M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200605646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.