Plan Ledger DOL Form 5500 · updated monthly

Wapsie Valley Creamery, Inc.401(k)

WAPSIE VALLEY CREAMERY, INC. PROFIT SHARING PLAN AND TRUST · INDEPENDENCE, IA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Wapsie Valley Creamery, Inc. reported $60,987 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,650 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 0.49% to 0.52%. 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 among the smaller plans on file in Iowa (532nd of 878), and the 386th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,615,775
Participants with balances127
Active participants112
Employer contributions$296,784
Employee contributions$452,582
Employer contribution per active participant$2,650
Average account balance$99,337
Benefits paid to participants$168,232
Plan auditDisclaimer of opinion
AuditorCARNEY, ALEXANDER, MAROLD & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 127 accts · $297K emplr
2023$10.8M · 131 accts · $253K emplr
2022$9.9M · 126 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,535
Investment management$39,114
Trustee / custodial$6,268
Total administrative$60,987
The Wapsie Valley Creamery, Inc. 401(k) match · 2024
Employer contribution per active participant$2,650
Median for plans this size$2,416
2024$2,650 per active participant
2023$2,279 per active participant
2022$1,967 per active participant

Wapsie Valley Creamery, Inc.'s 2024 employer contribution ran above 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 · 20241
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$60,987

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$60,987 · 0.52%
2023$53,270 · 0.52%
2022$52,367 · 0.49%
Similar plansAgriculture, Forestry & Fishing · Iowa
Five Star Cooperative IA$14.0M · 0.15%
Farmers Win Cooperative IA$13.5M · 0.11%
Mid Iowa Coop IA$12.5M · 0.11%
Lloyd, Inc. IA$11.0M · 0.41%
Farm Service Cooperative IA$10.3M · 0.13%
Country Landscapes, Inc. IA$9.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420582210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.