Plan Ledger DOL Form 5500 · updated monthly

Schildberg Construction Company, Inc.401(k)

SCHILDBERG CONSTRUCTION COMPANY, INC. EMPLOYEES' PROFIT SHARING RETIREMENT · GREENFIELD, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Schildberg Construction Company, Inc. reported $9,367 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,183 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 200th-largest of 878 plans among Iowa employers on file, and the 187th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,951,975
Participants with balances250
Active participants210
Employer contributions$1,298,529
Employee contributions$819,613
Employer contribution per active participant$6,183
Average account balance$191,808
Benefits paid to participants$1,958,914
Plan auditUnmodified (clean) audit opinion
AuditorEIDEBAILLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 250 accts · $1.3M emplr
2023$41.4M · 245 accts · $1.2M emplr
2022$35.6M · 264 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,367
Total administrative$9,367
The Schildberg Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$6,183
Median for plans this size$2,416
2024$6,183 per active participant
2023$6,032 per active participant
2022$5,409 per active participant

Schildberg Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$9,366

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$9,367 · 0.02%
2023$9,408 · 0.02%
2022$10,150 · 0.03%
Same employer
Similar plansMining, Oil & Gas Extraction · Iowa
Riverstone Group Inc. IA$60.8M · 0.00%
Exco Resources, Inc. TX$50.4M · 0.24%
Purewest Resources, Inc. CO$49.2M · 0.06%
Almatis, Inc. AR$48.2M · 0.23%
Newpark Drilling Fluids LLC TX$47.8M · 0.03%
Jonah Energy, LLC CO$47.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420810113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.