Plan Ledger DOL Form 5500 · updated monthly

Von Maur, Inc.401(k)

VON MAUR 401(K) RETIREMENT PLAN · DAVENPORT, IA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Von Maur, Inc. reported $286,796 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,023 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 0.26% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 85th-largest of 878 plans among Iowa employers on file, and the 339th of 5,215 in retail trade. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has shrunk from 2,489 to 1,753 since 2022.

Plan summary
Net assets, end of year$112,275,281
Participants with balances2,195
Active participants1,753
Employer contributions$1,793,428
Employee contributions$5,975,782
Employer contribution per active participant$1,023
Average account balance$51,150
Benefits paid to participants$8,443,197
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$112.3M · 2,195 accts · $1.8M emplr
2023$99.6M · 2,237 accts · $1.7M emplr
2022$85.6M · 2,305 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,399
Investment management$9,956
Audit (IQPA)$17,441
Total administrative$286,796
The Von Maur, Inc. 401(k) match · 2024
Employer contribution per active participant$1,023
Median for plans this size$3,635
2024$1,023 per active participant
2023$693 per active participant
2022$667 per active participant

Von Maur, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$259,398
RSM US LLP · Accounting / audit$17,462
INVESTMENT CONSULTING GR · Investment advisory (plan)$10,000
WILSHIRE ADVISORS 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$286,796 · 0.27%
2023$247,307 · 0.27%
2022$245,832 · 0.26%
Same employer
Similar plansRetail Trade · Iowa
Hy-Vee, Inc. IA$3.1B · 0.11%
Casey's General Stores Inc. IA$514.4M · 0.15%
Fareway Stores, Inc. IA$436.5M · 0.13%
McCoy Group, Inc. IA$266.7M · 0.22%
Van Wall Equipment, Inc. IA$67.4M · 0.34%
Kum & Go, Lc IA$66.2M · 0.50%
Bomgaars Supply, Inc. IA$52.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420465860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.