Plan Ledger DOL Form 5500 · updated monthly

Securitycoverage, Inc.401(k)

SECURITYCOVERAGE, INC. RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2022

Reported admin expense ratio · 2022
0.06%

Securitycoverage, Inc. reported $1,492 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (795th of 878), and 10,820th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,189,755
Participants with balances96
Active participants63
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$22,810
Benefits paid to participants$20,861
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,492
Total administrative$1,492
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,492 · 0.06%
Similar plansProfessional & Technical Services · Iowa
Infinity Contact Inc. IA$3.7M · 0.64%
Humach, LLC IA$3.2M · 0.56%
Apollo Technologies, IA$2.3M · 0.20%
Donatech Corporation IA$1.9M · 0.95%
Focus Onesource IA$409K · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830420503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.