Plan Ledger DOL Form 5500 · updated monthly

The Monarch Cement Company401(k)

READY-MIXED CONCRETE 401(K) PLAN · HUMBOLDT, KS · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Monarch Cement Company reported $8,153 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,360 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 rose from 0.05% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (525th of 828), and 9,285th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,893,077
Participants with balances265
Active participants220
Employer contributions$299,177
Employee contributions$715,596
Employer contribution per active participant$1,360
Average account balance$33,559
Benefits paid to participants$2,041,891
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 265 accts · $299K emplr
2023$8.8M · 251 accts · $304K emplr
2022$7.1M · 231 accts · $304K emplr
Administrative expenses, itemized · 2024
Investment management$1,603
Trustee / custodial$6,550
Total administrative$8,153
The The Monarch Cement Company 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313
2024$1,360 per active participant
2023$1,428 per active participant
2022$1,335 per active participant

The Monarch Cement Company's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Custodial (securities) · Trustee$8,153

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$8,153 · 0.09%
2023$1,750 · 0.02%
2022$3,429 · 0.05%
All plans at this employer2
READY-MIXED CONCRETE 401(K) PLAN401(k)
THE MONARCH CEMENT COMPANY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Kansas
Cox Machine, Inc. KS$9.0M · 0.36%
Zephyr Products, Inc. KS$9.0M · 1.07%
Hf Rubber Machinery, Inc. KS$8.9M · 0.09%
Takako America Co., Inc. KS$8.9M · 0.43%
Allen Press, Inc. KS$8.8M · 0.40%
Crestwood, Inc. KS$8.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480340590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.