Plan Ledger DOL Form 5500 · updated monthly

Seedorff Holdings, Inc.401(k)

SEEDORFF 401(K) SAVINGS PLAN · STRAWBERRY POINT, IA · plan year 2025

Reported admin expense ratio · 2025
0.29%

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

Seedorff Holdings, Inc. reported $73,497 in plan administrative expenses for 2025: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,215 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 rose from 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 342nd-largest of 878 plans among Iowa employers on file, and the 1,686th of 5,337 in construction. In 2025, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 239 to 291 since 2022.

Plan summary
Net assets, end of year$26,087,538
Participants with balances290
Active participants291
Employer contributions$644,686
Employee contributions$795,205
Employer contribution per active participant$2,215
Average account balance$89,957
Benefits paid to participants$2,614,112
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$26.1M · 290 accts · $645K emplr
2024$23.8M · 299 accts · $489K emplr
2023$20.5M · 239 accts · $145K emplr
2022$18.7M · 244 accts · $573K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$59,670
Total administrative$73,497
The Seedorff Holdings, Inc. 401(k) match · 2025
Employer contribution per active participant$2,215
Median for plans this size$2,666
2025$2,215 per active participant
2024$1,625 per active participant
2023$609 per active participant
2022$2,399 per active participant

Seedorff Holdings, Inc.'s 2025 employer contribution ran below 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
T. ROWE PRICE · Contract administrator$37,776
NATIONAL BENEFIT SERVICES LLC · Contract administrator · Other services$18,689
CAP FINANCIAL PARTNERS · Investment advisory (plan)$3,206

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$73,497 · 0.29%
2024$27,116 · 0.12%
2023$45,533 · 0.23%
2022$50,155 · 0.25%
Similar plansConstruction · Iowa
Conlon Construction Company IA$29.0M · 0.18%
Carl a. Nelson & Company IA$28.5M · 0.16%
C J Moyna & Sons LLC IA$27.2M · 0.35%
Shaw Electric, Inc. IA$23.0M · 0.26%
United Contractors, Inc. IA$22.8M · 0.14%
Todd & Sargent, Inc. IA$22.0M · 0.32%
Tec-Corp IA$20.5M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271707104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.