Plan Ledger DOL Form 5500 · updated monthly

Simmons Perrine Moyer Bergman PLC401(k)

SIMMONS PERRINE MOYER BERGMAN PLC 401(K) PROFIT SHARING PLAN & TRUST · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Simmons Perrine Moyer Bergman PLC reported $14,249 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,691 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 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 172nd-largest of 878 plans among Iowa employers on file, and the 2,482nd of 11,654 in professional & technical services. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 94 to 117 since 2022.

Plan summary
Net assets, end of year$56,798,736
Participants with balances141
Active participants117
Employer contributions$1,601,839
Employee contributions$1,319,847
Employer contribution per active participant$13,691
Average account balance$402,828
Benefits paid to participants$2,497,718
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.8M · 141 accts · $1.6M emplr
2023$49.4M · 134 accts · $1.5M emplr
2022$43.7M · 122 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,656
Investment management$6,593
Total administrative$14,249
The Simmons Perrine Moyer Bergman PLC 401(k) match · 2024
Employer contribution per active participant$13,691
Median for plans this size$3,635
2024$13,691 per active participant
2023$13,978 per active participant
2022$15,050 per active participant

Simmons Perrine Moyer Bergman PLC's 2024 employer contribution ran above the $3,635 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 · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$7,656
STEELE CAPITAL MANAGEMENT, INC. · Investment advisory (participants) · Investment advisory (plan)$6,593
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,249 · 0.03%
2023$13,847 · 0.03%
2022$17,067 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Iowa
Brown Winick Law Firm IA$62.8M · 0.12%
Snyder & Associates, Inc. IA$60.0M · 0.20%
Veenstra & Kimm, Inc. IA$57.1M · 0.27%
Rdg Planning & Design, Inc. IA$57.0M · 0.29%
Quality Consulting, Inc. IA$49.0M · 0.30%
Lightedge Solutions, LLC IA$41.9M · 0.08%
Opn Architects, Inc. IA$40.4M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 420665669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.