Independent Stave Company, LLC 401(k) Review & Grade
Independent Stave Company, LLC 401(k) Profit Sharing Plan
Lebanon, MOManagement of Companies2,340 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,653Employer $ per active participant
$3,388Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$112.9MNet plan assets, end of year
$40,407Average balance per account
Score breakdown
- Employer generosity15.8 / 5032th percentile for employer $ per participant
- Low cost9.3 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 32th |
| Lower admin cost | 37th |
| Employee saving | 28th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Independent Stave Company put in about $1,653 per active participant, below the typical peer ($2,492). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,869,137 |
| Participant (employee) contributions | $7,927,295 |
| Other contributions (incl. rollovers in) | $597,852 |
| Administrative expenses paid from the plan | $338,522 |
| Investment advisory & management fees | $81,979 |
| Benefits paid out | $7,646,913 |
| Net assets, start / end of year | $93.3M / $112.9M |
| Active participants, start / end of year | 2,373 / 2,307 |
| Participants with account balances | 2,794 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pickett, Chaney & Mcmullen, LLP |
Largest service providers (Schedule C)
| Correll Co. | $348,111 reported compensation |
| Pension Consultants, Inc. | $81,979 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003142654NAL0001508033001, received 2025-10-03, EIN 44-0515123, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.