Plan Ledger DOL Form 5500 · updated monthly

Whitfield & Eddy P.L.C.401(k)

WHITFIELD & EDDY P.L.C. 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Whitfield & Eddy P.L.C. reported $35,225 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,453 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 fell from 0.19% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 274th-largest of 878 plans among Iowa employers on file, and the 3,913th of 11,654 in professional & technical services. In 2024, the employer put in $2.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,477,089
Participants with balances108
Active participants80
Employer contributions$1,316,266
Employee contributions$588,151
Employer contribution per active participant$16,453
Average account balance$300,714
Benefits paid to participants$1,077,125
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 108 accts · $1.3M emplr
2023$27.5M · 104 accts · $1.2M emplr
2022$24.4M · 118 accts · $954K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$783
Investment management$34,442
Total administrative$35,225
The Whitfield & Eddy P.L.C. 401(k) match · 2024
Employer contribution per active participant$16,453
Median for plans this size$2,416
2024$16,453 per active participant
2023$14,874 per active participant
2022$12,717 per active participant

Whitfield & Eddy P.L.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRIME CAPITAL INVESTMENT · Investment advisory (plan)$35,000
THE VANGUARD GROUP, INC. · Investment advisory (plan)$1,390
PENSION ADMINISTRATORS LLCindirect comp
TD AMERITRADE, INC. · 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$35,225 · 0.12%
2023$35,951 · 0.14%
2022$64,126 · 0.19%
Similar plansProfessional & Technical Services · Iowa
Lightedge Solutions, LLC IA$41.9M · 0.08%
Opn Architects, Inc. IA$40.4M · 0.36%
McClure Engineering Co. IA$30.8M · 0.39%
Amvc Employee Services, LLC IA$27.9M · 0.32%
Beams, LLC IA$27.7M · 0.44%
Scintilla Eg Holdings, Inc. IA$27.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420643980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.