Plan Ledger DOL Form 5500 · updated monthly

Trans Ova Genetics L.C.401(k)

TRANS OVA GENETICS L.C. 401(K) SAVINGS PLAN · SIOUX CENTER, IA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Trans Ova Genetics L.C. reported $97,062 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,116 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 0.32% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 296th-largest of 878 plans among Iowa employers on file, and the 162nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 314 to 438 since 2022.

Plan summary
Net assets, end of year$30,453,244
Participants with balances512
Active participants438
Employer contributions$926,981
Employee contributions$2,360,092
Employer contribution per active participant$2,116
Average account balance$59,479
Benefits paid to participants$2,019,950
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 512 accts · $927K emplr
2023$25.4M · 448 accts · $666K emplr
2022$20.6M · 394 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,062
Total administrative$97,062
The Trans Ova Genetics L.C. 401(k) match · 2024
Employer contribution per active participant$2,116
Median for plans this size$2,416
2024$2,116 per active participant
2023$1,794 per active participant
2022$1,705 per active participant

Trans Ova Genetics L.C.'s 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$97,062
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$97,062 · 0.35%
2023$78,864 · 0.34%
2022$73,275 · 0.32%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Innovative AG Services Co. IA$38.1M · 0.13%
Nexus Cooperative IA$31.4M · 0.20%
Agstate IA$31.0M · 0.44%
Key Cooperative IA$30.5M · 0.18%
Center Fresh Egg Farm LLP IA$29.0M · 0.71%
Stine Seed Farm, Inc. IA$26.2M · 0.42%
Stateline Cooperative IA$20.4M · 0.12%
Lynch Livestock IA$18.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861077454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.