Plan Ledger DOL Form 5500 · updated monthly

Webster City Custom Meats, Inc.401(k)

WEBSTER CITY CUSTOM MEATS, INC. 401(K) SALARY SAVINGS AND RETIREMENT PLAN · WEBSTER CITY, IA · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Webster City Custom Meats, Inc. reported $21,899 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $949 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (719th of 878), and 11,474th of 13,661 in manufacturing. In 2022, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,496,134
Participants with balances93
Active participants97
Employer contributions$92,089
Employee contributions$273,951
Employer contribution per active participant$949
Average account balance$48,346
Benefits paid to participants$149,188
Plan auditUnmodified (clean) audit opinion
AuditorPOTTER & BRANT, P.L.C.
Administrative expenses, itemized · 2022
Investment management$8,310
Total administrative$21,899
The Webster City Custom Meats, Inc. 401(k) match · 2022
Employer contribution per active participant$949
Median for plans this size$1,114

Webster City Custom Meats, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,899 · 0.46%
Same employer
Similar plansManufacturing · Iowa
The Printer, Inc. IA$5.3M · 0.82%
Cco, Inc. IA$4.7M · 0.17%
Uniparts Olsen Inc. IA$4.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421001313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.